Last SR22.15 SAR
Change Today +1.97 / 9.76%
Volume 3.8M
MESC On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 8:30 AM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

middle east specialized cabl (MESC) Snapshot

Open
SR20.40
Previous Close
SR20.18
Day High
SR22.15
Day Low
SR20.35
52 Week High
12/4/14 - SR24.20
52 Week Low
12/25/13 - SR13.45
Market Cap
1.3B
Average Volume 10 Days
4.0M
EPS TTM
SR-0.26
Shares Outstanding
60.0M
EX-Date
03/23/10
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MIDDLE EAST SPECIALIZED CABL (MESC)

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middle east specialized cabl (MESC) Details

Middle East Specialized Cables Company manufactures and sells industrial, instrumentation, and process control cables in the Middle East. The company offers flexible electric, coaxial, rubber, and nylon coated wires and cables; telephone cables for internal extensions; computer cables; safety and antifire wires and cables; and control and transmission of information cables. It also provides XLPE insulated high and medium voltage cables; low voltage cables comprising power cables, which are used for electrical distribution systems, such as generating stations, sub-stations, and industrial applications, as well as for indoor, outdoor, and commercial building projects; fire survival/performance cables; and wires for commercial, industrial, and various other applications. The company was founded in 1993 is based in Riyadh, the Kingdom of Saudi Arabia.

Founded in 1993

middle east specialized cabl (MESC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

middle east specialized cabl (MESC) Key Developments

Middle East Specialized Cables Co. Reports Earnings Results for Third Quarter and Nine Months of 2014

Middle East Specialized Cables Co. reported earnings results for third quarter and nine months of 2014. For the quarter, the company’s net loss was SAR 19.83 million (USD 5.29 million/EUR 4.2 million) from a net profit of SAR 15.32 million in the year-earlier period. The loss was caused mainly by lower sales resulting from delayed deliveries from contractors and the allocation of additional provisions for risky receivables. Operating loss amounted to nearly SAR 15 million, compared to a year-earlier profit of SAR 11.33 million. For the nine months, the company turned to a SAR 17.5 million net loss from a net profit of SAR 28.7 million in the year-earlier period. Loss per share came in at SAR 0.29, compared to earnings per share (EPS) of SAR 0.48. Operating profit plummeted to SAR 1.08 million from SAR 40.43 million.

Middle East Specialized Cables Company Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Middle East Specialized Cables Company announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net profit was SAR 10.19 million compared to SAR 200,000 for the same quarter ended June 30, 2013. For the six months, net profit was SAR 2.36 million or SAR 0.04 per share compared to SAR 13.39 million or SAR 0.22 per share for the same period ended June 30, 2013.

Middle East Specialized Cables Co. Reports Earnings Results for the First Half Ended June 2013

Middle East Specialized Cables Co. reported earnings results for the first half ended June 2013. For the period, the company saw its net profit plunge to SAR 13.4 million (USD 3.6 million /EUR 2.7 million) from SAR 25 million a year earlier. Without giving exact figures, the company announced the negative performance was due to a drop in sales. The operating profit declined to SAR 29.1 million, down from SAR 39 million in the same period a year ago.

 

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MESC

Industry Average

Valuation MESC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Price/Book 2.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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