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Middle East Specialized Cables Co.

Middle East Specialized Cables Co.

2370
MESC
^ 22.37
-0.13 (-0.58%)
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  • Main Market
  • Capital Goods     
  • Shares Type
  • Common Shares

Stats Overview

  • Prev. Close 22.50
  • Open 22.60
  • High 22.64
  • Low 22.30
  • YTD% Change
    5.17
  • No. of Trades 421
  • Avg. Trade size* 235
  • Volume Traded 98,732
  • Value Traded (^) 2,210,284.18
^ 22.37
-0.13 (-0.58%)

Performance

MESC
- ( - )
Compare
Name Price Change %
Middle East Specialized Cables Co. 22.60 -0.58%
Note: Prices are delayed
  • *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

Trade Updates

Last Trade

Price
22.37
% Change
-0.58
Volume Traded
1

Best Bid

Price 22.36
Volume 220

Best Offer

Price 22.37
Volume 8

52 WEEK

High
44.70
2025/02/12
Low
20.54
2025/12/30
Change**
-49.33

PERFORMANCE

Start of Year
21.73
Year ago
44.15
3 Years ago
10.38

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  • Announcements & Corporate Actions
  • Dividends
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

Announcements

  • Middle East Specialized Cables Company (MESC) announces the renewal of Sharia-Compliant Banking Facilities Agreement with Emirates NBD Bank

    2370
    MESC -0.58 %
    1447/08/03     22/01/2026 16:05:00
  • Middle East Specialized Cables Co. Announces Resignation of a Managing Director

    2370
    MESC -0.58 %
    1447/07/26     15/01/2026 16:06:01
  • Middle East Specialized Cables Co. Announces Obtaining a Renewal of Sharia compliant banking facilities agreement

    2370
    MESC -0.58 %
    1447/07/16     05/01/2026 15:53:06
  • Middle East Specialized Cables Co. "MESC" Announces Appointment of a CEO

    2370
    MESC -0.58 %
    1447/07/04     24/12/2025 15:35:16
  • Correction announcement from Middle East Specialized Cables Company regarding that it has obtained Sharia-compliant banking facilities.

    2370
    MESC -0.58 %
    1447/06/19     10/12/2025 08:45:15
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      16/11/2025 30/11/2025 10/12/2025 Account Transfer ^0.50
      30/06/2025 17/06/2025 08/07/2025 Account Transfer ^0.50
      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 2024-12-31 2023-12-31 2022-12-31 2021-12-31
      Total Assets
      928,689
      771,130
      768,079
      666,151
      Total Liabilities
      464,436
      393,495
      439,783
      327,782
      Total Shareholders Equity (After Deducting the Minority Equity)
      464,253
      377,635
      328,296
      338,369
      Total Liabilities and Shareholders Equity
      928,689
      771,130
      768,079
      666,151
      Statement of Income 2024-12-31 2023-12-31 2022-12-31 2021-12-31
      Total Revenue (Sales/Operating)
      1,143,915
      926,882
      814,395
      516,503
      Net Profit (Loss) before Zakat and Tax
      104,782
      65,531
      19,091
      -10,193
      Zakat and Income Tax
      -13,784
      -16,596
      -30,879
      -12,523
      Net Profit (Loss) Attributable to Shareholders of the Issuer
      90,998
      48,935
      -11,788
      -22,716
      Total Comprehensive Income Attributable to Shareholders of the Issuer
      86,618
      49,339
      -10,073
      -22,716
      Profit (Loss) per Share
      2.27
      1.22
      -0.29
      -0.57
      Cash Flows 2024-12-31 2023-12-31 2022-12-31 2021-12-31
      Net Cash From Operating Activities
      -52,229
      81,607
      -43,337
      62,610
      Net Cash From Investing Activities
      -25,183
      -13,191
      -3,713
      -11,507
      Net Cash From Financing Activities
      75,709
      -90,933
      22,518
      -32,432
      Cash and Cash Equivalents, Beginning of the Period
      20,979
      43,496
      68,028
      49,357
      Cash and Cash Equivalents, End of the Period
      19,276
      20,979
      43,496
      68,028
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In ^ ^ ^ ^
      Last Update Date 2025-12-11 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 2025-09-30 2025-06-30 2025-03-31 2024-09-30
      Total Assets
      1,073,448
      1,093,131
      1,045,757
      878,289
      Total Liabilities
      554,821
      594,339
      555,115
      431,978
      Total Shareholders Equity (After Deducting the Minority Equity)
      518,627
      498,792
      490,642
      446,311
      Total Liabilities and Shareholders Equity
      1,073,448
      1,093,131
      1,045,757
      878,289
      Statement of Income 2025-09-30 2025-06-30 2025-03-31 2024-09-30
      Total Revenue (Sales/Operating)
      380,517
      380,921
      339,001
      289,195
      Net Profit (Loss) before Zakat and Tax
      24,540
      30,458
      23,449
      24,563
      Zakat and Income Tax
      -4,233
      -553
      -4,249
      -3,629
      Net Profit (Loss) Attributable to Shareholders of the Issuer
      20,307
      29,905
      19,200
      20,934
      Total Comprehensive Income Attributable to Shareholders of the Issuer
      19,835
      28,150
      26,388
      20,934
      Profit (Loss) per Share
      0.51
      0.75
      0.48
      0.52
      Cash Flows 2025-09-30 2025-06-30 2025-03-31 2024-09-30
      Net Cash From Operating Activities
      -9,097
      -120,860
      -18,855
      -23,506
      Net Cash From Investing Activities
      -12,217
      -10,947
      -2,495
      -7,913
      Net Cash From Financing Activities
      25,274
      137,400
      47,361
      48,339
      Cash and Cash Equivalents, Beginning of the Period
      19,276
      19,276
      19,276
      20,979
      Cash and Cash Equivalents, End of the Period
      23,236
      24,869
      45,287
      37,899
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In ^ ^ ^ ^
      Last Update Date 2025-12-18 2025-12-18 2025-12-18 2025-12-11

      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.

      Display Previous Periods
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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Total Shares Held Trading Day Total Shares Held Prev Trading Day Total Shares Change
      2026-02-09 يحي براهيم محمد القنيبط Chairman 0.0031300% 0.0031300% 0
      2026-02-09 علي عبدالرزاق محمد الغامدي Board of Directors 0.0012500% 0.0012500% 0
      2026-02-09 محمد عبدالعزيز محمد النمله Board of Directors 2.7748000% 2.7748000% 0
      2026-02-09 محمد شبيب شافي المطلق Board of Directors 0.0010000% 0.0010000% 0
      2026-02-09 ياسر رشيد حمد الرشيد Board of Directors 0.1235600% 0.1235600% 0
      2026-02-09 سليمان بن محمد بن سليمان النمله Board of Directors 0.9500000% 0.9500000% 0
      2026-02-09 محمد علي سعيد العجمي Board of Directors 0.0050000% 0.0050000% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Middle East Specialized Cables Co.
      Price 22.37
      Total Market Cap (SAR MN) 895
      P/E Ratio 9.75
      Index Name Index Level 1D Return
      Middle East Specialized Cables Co. %

      Note:Display data relevant only to the corresponding class of shares only

      Jump To:
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      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

      Click here

      Equity Profile

      • Authorized Capital  (^) 400,000,000
      • Total 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
      • Date Established

        1992/11/04

      • Financial Year End

        31/12

      • Listing Date

        2007/12/08

      • External Auditors

        [AlKharashi & Co. Certified Accountants and Auditors]

      • ISIN CODE

        SA11TGN15119

      • Number of Employees

        607

      • Chairman

        Yahya Ibraheem AlQunaibit
        Non - Executive

        Yahya Ibraheem AlQunaibit
        • BD Session Start
          2025-07-02
          Designation
          Chairman
        • BD Session End
          2029-07-01
          Classification
          Non - Executive
      • Board of Directors

        Suliman Mohammed AlNamlah Non - Executive

        Suliman Mohammed AlNamlah
        • BD Session Start
          2025-07-02
          Designation
          Board of Directors
        • BD Session End
          2029-07-01
          Classification
          Non - Executive

        Mohammed Abdulaziz AlNamlah Deputy Chairman - Non Executive

        Mohammed Abdulaziz AlNamlah
        • BD Session Start
          2025-07-02
          Designation
          Board of Directors
        • BD Session End
          2029-07-01
          Classification
          Deputy Chairman - Non Executive

        Ali Abdulrazaq AlGhamdi Executive

        Ali Abdulrazaq AlGhamdi
        • BD Session Start
          2025-07-02
          Designation
          Board of Directors
        • BD Session End
          2029-07-01
          Classification
          Executive

        Mohammed Ali Alajmi Independent

        Mohammed Ali Alajmi
        • BD Session Start
          2025-07-02
          Designation
          Board of Directors
        • BD Session End
          2029-07-01
          Classification
          Independent

        Mohammed Shabib Almutlaq Independent

        Mohammed Shabib Almutlaq
        • BD Session Start
          2025-07-02
          Designation
          Board of Directors
        • BD Session End
          2029-07-01
          Classification
          Independent

        Yassir Reshaid Alreshaid Independent

        Yassir Reshaid Alreshaid
        • BD Session Start
          2025-10-15
          Designation
          Board of Directors
        • BD Session End
          2029-07-01
          Classification
          Independent
      • Senior Executives

        Ali Ahmed Ali Awadh Allah CFO

        Ali Ahmed Ali Awadh Allah
        • BD Session Start
          2024-05-12
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CFO

        Christian Scholz CEO

      Christian Scholz
      • BD Session Start
        2026-01-01
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO

      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:

      www.mesccables.com


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      MESC for Medium & High Voltage Co. 19.90% 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
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      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.