Last 761.00
Change Today -16.00 / -2.06%
Volume 2.0K
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As of 6:21 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

mustek ltd (MST) Snapshot

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07/16/14 - $800.00
52 Week Low
12/4/13 - $450.00
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mustek ltd (MST) Details

Mustek Limited is engaged in the procurement, assembly, distribution, and service of computers, computer components, and allied products primarily in Africa and Australia. It distributes a range of information and communication technology (ICT) products, including personal computers; notebooks; netbooks; monitors; LED screens; uninterrupted power supply; servers; speakers; networking solutions; laser printers; inkjet and label printers; fax machines; biometric readers; barcode and document imaging scanners; projectors; power protection products; antennae and routers; IP surveillance systems; CCTV cameras; and a range of ICT consumables and related products. The company also distributes desktops, laptops, tablets, ICT peripherals, POS systems, enterprise infrastructure, RCT and multinational laptops, and printers. In addition, the company supplies educational software and hardware solutions, as well as distributes networking equipment and related software licenses. It assembles and distributes computer products and peripherals under the Mecer brand; and distributes computer components and peripherals under the Rectron name. Mustek Limited was founded in 1987 and is headquartered in Midrand, South Africa.

949 Employees
Last Reported Date: 08/27/13
Founded in 1987

mustek ltd (MST) Top Compensated Officers

Co-Founder, Chief Executive Officer, Executiv...
Total Annual Compensation: R2.0M
Chief Financial Officer, Financial Director, ...
Total Annual Compensation: R2.1M
Chief Operating Officer, Executive Director, ...
Total Annual Compensation: R3.1M
Compensation as of Fiscal Year 2013.

mustek ltd (MST) Key Developments

Brand-Rex Names Mustek as New Distribution Partner for South Africa

Mustek has been hired as new distribution partner for South Africa by Brand-Rex. Mustek would be playing the role as broad range of ICT brands the company works with. With extensive industry experience and similar business values focused on technology, innovation and customer service, the new partnership will strengthen its position and demonstrate its commitment to the Southern African market.

Mustek Ltd. Provides Earnings Guidance for the Ended June 30, 2014

Mustek Ltd. provided earnings guidance for the ended June 30, 2014. The company announced that for the year ended 30 June 2014, the company’s headline earnings per share and basic earnings per share are expected to be at least 20% higher than the headline earnings per share of 72.85 cents and the basic earnings per share of 78.43 cents reported in the previous corresponding period.

Mustek Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2013

Mustek Limited announced unaudited consolidated earnings results for the six months ended December 31, 2013. For the period, the company reported profit attributable to owners of parent of SAR 44,779,000 or SAR 42.15 headline earnings per ordinary share and SAR 41.30 basic earnings ordinary per share on revenue of SAR 1,978,329,000 compared to profit attributable to owners of parent of SAR 34,158,000 or SAR 31.75 headline earnings per ordinary share and SAR 31.50 basic earnings ordinary per share on revenue of SAR 1,806,727,000 for the corresponding period last year. Profit before tax was SAR 69,691,000 against SAR 42,476,000 of prior year period. Profit from operations was SAR 91,137,000 against SAR 50,476,000 of prior year period. Profit for the period from continuing operations was SAR 49,320,000 or SAR 46.34 headline earnings per ordinary share and SAR 45.48 basic earnings ordinary per share against profit from continuing operations of SAR 31,738,000 or SAR 29.52 headline earnings per ordinary share and SAR 29.27 basic earnings ordinary per share of prior year period. Net cash used in operating activities was SAR 329,327,000 against SAR 326,527,000 of prior year period. Headline earnings from continuing operations were SAR 50,250,000 against SAR 32,012,000 of prior year period. Basic earnings from continuing operations were SAR 49,320,000 against SAR 31,738,000 of prior year period.


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