- Saudi Arabia
- /
- Electrical
- /
- SASE:2370
Middle East Specialized Cables First Quarter 2025 Earnings: EPS: ر.س0.48 (vs ر.س0.65 in 1Q 2024)
Middle East Specialized Cables (TADAWUL:2370) First Quarter 2025 Results
Key Financial Results
- Revenue: ر.س339.0m (up 16% from 1Q 2024).
- Net income: ر.س19.2m (down 26% from 1Q 2024).
- Profit margin: 5.7% (down from 8.9% in 1Q 2024). The decrease in margin was driven by higher expenses.
- EPS: ر.س0.48 (down from ر.س0.65 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Middle East Specialized Cables shares are down 7.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Middle East Specialized Cables (1 is significant!) that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SASE:2370
Middle East Specialized Cables
Manufactures and sells fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables in Saudi Arabia and the United Arab Emirates.
Excellent balance sheet with acceptable track record.
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