Middle East Specialized Cables Past Earnings Performance
Past criteria checks 5/6
Middle East Specialized Cables has been growing earnings at an average annual rate of 64.8%, while the Electrical industry saw earnings growing at 15.8% annually. Revenues have been growing at an average rate of 17.7% per year. Middle East Specialized Cables's return on equity is 16.9%, and it has net margins of 6.9%.
Key information
64.8%
Earnings growth rate
64.8%
EPS growth rate
Electrical Industry Growth | 17.2% |
Revenue growth rate | 17.7% |
Return on equity | 16.9% |
Net Margin | 6.9% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Shareholders Would Enjoy A Repeat Of Middle East Specialized Cables' (TADAWUL:2370) Recent Growth In Returns
Aug 06Middle East Specialized Cables (TADAWUL:2370) Is Looking To Continue Growing Its Returns On Capital
Apr 22After Leaping 26% Middle East Specialized Cables Company (TADAWUL:2370) Shares Are Not Flying Under The Radar
Mar 01Middle East Specialized Cables Company (TADAWUL:2370) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Apr 18Middle East Specialized Cables (TADAWUL:2370) Might Have The Makings Of A Multi-Bagger
Oct 20We Think Middle East Specialized Cables' (TADAWUL:2370) Robust Earnings Are Conservative
Sep 15Investors Who Bought Middle East Specialized Cables (TADAWUL:2370) Shares A Year Ago Are Now Up 112%
Mar 02Here’s What’s Happening With Returns At Middle East Specialized Cables (TADAWUL:2370)
Jan 07Revenue & Expenses Breakdown
How Middle East Specialized Cables makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 1,034 | 72 | 81 | 0 |
31 Mar 24 | 1,000 | 62 | 78 | 0 |
31 Dec 23 | 927 | 49 | 74 | 0 |
30 Sep 23 | 892 | 38 | 62 | 0 |
30 Jun 23 | 863 | 25 | 54 | 0 |
31 Mar 23 | 845 | 1 | 53 | 0 |
31 Dec 22 | 814 | -12 | 45 | 0 |
30 Sep 22 | 731 | -29 | 60 | 0 |
30 Jun 22 | 666 | -38 | 64 | 0 |
31 Mar 22 | 592 | -23 | 57 | 0 |
31 Dec 21 | 517 | -23 | 57 | 0 |
30 Sep 21 | 506 | -7 | 37 | 0 |
30 Jun 21 | 506 | 7 | 37 | 0 |
31 Mar 21 | 497 | 3 | 42 | 0 |
31 Dec 20 | 526 | 2 | 49 | 0 |
30 Sep 20 | 507 | -5 | 57 | 0 |
30 Jun 20 | 490 | -9 | 57 | 0 |
31 Mar 20 | 494 | -14 | 59 | 0 |
31 Dec 19 | 468 | -25 | 60 | 0 |
30 Sep 19 | 487 | -54 | 91 | 0 |
30 Jun 19 | 512 | -62 | 98 | 0 |
31 Mar 19 | 543 | -81 | 108 | 0 |
31 Dec 18 | 592 | -80 | 111 | 0 |
30 Sep 18 | 613 | -40 | 70 | 0 |
30 Jun 18 | 630 | -28 | 66 | 0 |
31 Mar 18 | 651 | 3 | 56 | 0 |
31 Dec 17 | 675 | 21 | 56 | 0 |
30 Sep 17 | 646 | 43 | 72 | 0 |
30 Jun 17 | 660 | 44 | 74 | 0 |
31 Mar 17 | 723 | 115 | 89 | 0 |
31 Dec 16 | 759 | 102 | 89 | 0 |
30 Sep 16 | 814 | -11 | 113 | 0 |
30 Jun 16 | 871 | -19 | 120 | 0 |
31 Mar 16 | 854 | -106 | 113 | 0 |
31 Dec 15 | 888 | -104 | 114 | 0 |
30 Sep 15 | 903 | -22 | 85 | 0 |
30 Jun 15 | 854 | -39 | 85 | 0 |
31 Mar 15 | 907 | -18 | 83 | 0 |
31 Dec 14 | 858 | -23 | 78 | 0 |
30 Sep 14 | 898 | -16 | 79 | 0 |
30 Jun 14 | 955 | 19 | 70 | 0 |
31 Mar 14 | 913 | 9 | 68 | 0 |
31 Dec 13 | 931 | 30 | 70 | 0 |
30 Sep 13 | 924 | 26 | 78 | 0 |
Quality Earnings: 2370 has high quality earnings.
Growing Profit Margin: 2370's current net profit margins (6.9%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2370 has become profitable over the past 5 years, growing earnings by 64.8% per year.
Accelerating Growth: 2370's earnings growth over the past year (189%) exceeds its 5-year average (64.8% per year).
Earnings vs Industry: 2370 earnings growth over the past year (189%) exceeded the Electrical industry 12.1%.
Return on Equity
High ROE: 2370's Return on Equity (16.9%) is considered low.