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Middle East Specialized Cables Co.
- Main Market
- Capital Goods
Stats Overview
-
Prev. Close 37.30
-
Open 36.80
-
High 37.10
-
Low 35.20
-
No. of Trades 2,833
-
Avg. Trade size* 241
-
Volume Traded 683,882
-
Value Traded (^) 24,641,209.60
Performance
- *Average Trade Size = Cumulative / # of Trades
- **52 Week Price Change = (Current Price - Price year ago) / Price year ago x 100
- Historical prices & volume traded data are adjusted to account for all corporate actions.
- MO: Market Order
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52 WEEK
PERFORMANCE
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- Announcements & Corporate Actions
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- Peer Comparison
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Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 19/01/2010 | 22/03/2010 | 31/03/2010 | Account Transfer | ^1.00 |
| 25/01/2009 | 31/03/2009 | 22/04/2009 | Account Transfer | ^1.20 |
| 19/02/2008 | 16/07/2008 | 04/08/2008 | Account Transfer | ^0.50 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|
| Total Assets |
771,130
|
768,079
|
666,151
|
- |
| Total Liabilities |
393,495
|
439,783
|
327,782
|
- |
| Total Shareholders Equity (After Deducting the Minority Equity) |
377,635
|
328,296
|
338,369
|
- |
| Total Liabilities and Shareholders Equity |
771,130
|
768,079
|
666,151
|
- |
| Statement of Income | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
| Total Revenue (Sales/Operating) |
926,882
|
814,395
|
516,503
|
- |
| Net Profit (Loss) before Zakat and Tax |
65,531
|
19,091
|
-10,193
|
- |
| Zakat and Income Tax |
-16,596
|
-30,879
|
-12,523
|
- |
| Net Profit (Loss) after Zakat and Tax |
48,935
|
-11,788
|
-22,716
|
- |
| Total Comprehensive Income |
49,339
|
-10,073
|
-22,716
|
- |
| Profit (Loss) per Share |
1.22
|
-0.29
|
-0.57
|
- |
| Cash Flows | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
| Net Cash From Operating Activities |
81,607
|
-43,337
|
62,610
|
- |
| Net Cash From Investing Activities |
-13,191
|
-3,713
|
-11,507
|
- |
| Net Cash From Financing Activities |
-90,933
|
22,518
|
-32,432
|
- |
| Cash and Cash Equivalents, Beginning of the Period |
43,496
|
68,028
|
49,357
|
- |
| Cash and Cash Equivalents, End of the Period |
20,979
|
43,496
|
68,028
|
- |
| All Figures in | Thousands | Thousands | Thousands | |
| All Currency In | ^ | ^ | ^ | |
| Last Update Date | 2024-09-15 | 2023-12-07 | 2023-12-07 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
| Balance Sheet | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|
| Total Assets |
833,281
|
823,362
|
760,983
|
782,950
|
| Total Liabilities |
407,904
|
419,764
|
394,260
|
429,789
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
425,377
|
403,598
|
366,723
|
353,161
|
| Total Liabilities and Shareholders Equity |
833,281
|
823,362
|
760,983
|
782,950
|
| Statement of Income | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Total Revenue (Sales/Operating) |
249,893
|
291,291
|
229,893
|
215,925
|
| Net Profit (Loss) before Zakat and Tax |
25,374
|
29,365
|
18,776
|
14,645
|
| Zakat and Income Tax |
-3,595
|
-3,403
|
-5,214
|
-2,214
|
| Net Profit (Loss) after Zakat and Tax |
21,779
|
25,962
|
13,562
|
12,431
|
| Total Comprehensive Income |
21,779
|
25,962
|
13,562
|
12,431
|
| Profit (Loss) per Share |
0.54
|
0.65
|
0.34
|
0.31
|
| Cash Flows | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Net Cash From Operating Activities |
-19,519
|
-8,669
|
40,117
|
-12,833
|
| Net Cash From Investing Activities |
-9,176
|
-3,554
|
-11,519
|
-4,288
|
| Net Cash From Financing Activities |
43,349
|
31,111
|
-47,460
|
2,192
|
| Cash and Cash Equivalents, Beginning of the Period |
20,979
|
20,979
|
43,496
|
43,496
|
| Cash and Cash Equivalents, End of the Period |
35,633
|
39,867
|
24,634
|
28,567
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | ^ | ^ | ^ | ^ |
| Last Update Date | 2024-09-15 | 2024-09-15 | 2024-01-09 | 2024-01-09 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
Middle East specialized cables Company MESC and its subsidiaries is considered a world class and state of the art manufacturer of Industrial cables that consist of instrumentation data & control cables which are used in industrial projects refineries and petrochemical plants to remotely control the data and measurements Adding more control cables which consist of telephone computer cables specialized to transfer data and radio signals and telecommunications widely used in hotels hospitals and commercial buildings MESC also produces fire resistant cables low medium and high voltage power cables power transmission cables used in electrical distribution especially in networks industrial projects refineries and petrochemical plants in governmental or private sectors These products are manufactured according to international standards tested and certified by worldwide prestigious institutions.
Company History
Middle East Specialized Cables Company referred to as MESC or the Company was established as a Saudi limited liability company under Commercial Registration Number 1010102402 dated 10-05-1413H corresponding to 04-11-1992G MESC was converted into a Saudi joint stock company pursuant to the Ministerial Resolution No 195 dated 21-07-1428H corresponding to 04-08-2007G MESC products are available with an excellent reputation locally and internationally MESC has given enormous attention to productivity and quality improvements and has been focusing on upgrading its technology and launching comprehensive range of products Its commitment to become the pioneer The One Stop Shop of all types of cables.
Company Bylaws
Equity Profile
- Authorized Capital (^) 400,000,000
- Issued Shares 40,000,000
- Paid Capital (^) 400,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2018-11-05
Investment limits
There are no investment limits on the companys shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on companys bylaw and the issued instructions by the related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Investor Relations
Company Address:
Riyadh King Abdulaziz Sector Salahuddin Street P.O.Box 60536 Riyadh 11555 KSA
Contact Details:
Telephone:
00966114767373
Fax
: 00966114723192
Email
: IR@mesccables.com
Company Website:
| Name Of Subsidiary | Percentage Of Property | Main Business | Location Of Operation | Country Of Operation |
|---|---|---|---|---|
| MESC for Medium & High Voltage Co. | 57.50% | Manufacturing of Medium and High Voltage Cables | Jordan | Jordan |
| MESC RAK CO | 100.00% | Manufacturing of instrumentation, Data, control cables wires and flexible cables | United Arab Emirates | United Arab Emirates |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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