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Middle East Specialized Cables Co.

2370
MESC
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  • Main Market
  • Capital Goods     

Stats Overview

  • Prev. Close 33.00
  • Open 33.00
  • High 33.85
  • Low 33.00
  • No. of Trades 1,238
  • Avg. Trade size* 296
  • Volume Traded 366,602
  • Value Traded (^) 12,293,689.05

Performance

MESC
0.60 (1.82%)
Compare
Name Price Change %
Middle East Specialized Cables Co. 33.00 1.82% -
Note: Prices are delayed minimum 5 minutes
  • *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
33.60
% Change
1.82
Volume Traded
30

Best Bid

Price 33.60
Volume 699

Best Offer

Price 33.70
Volume 1,623

52 WEEK

High
48.05
2025/01/22
Low
28.00
2025/06/15
Change**
6.16

PERFORMANCE

Start of Year
43
Year ago
31.65
3 Years ago
13.08

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Announcements

  • Middle East Specialized Cables Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)

    2370
    MESC 1.82 %
    1446/12/22     18/06/2025 08:17:56
  • Middle East Specialized Cables Company (MESC) Announces the start date of electronic voting for its shareholders on the items of the Ordinary General Assembly Meeting (First Meeting)

    2370
    MESC 1.82 %
    1446/12/16     12/06/2025 15:30:04
  • Addendum Announcement from Middle East Specialized Cables Co. in regards to the Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

    2370
    MESC 1.82 %
    1446/12/01     28/05/2025 16:23:12
  • Correction announcement from Middle East Specialized Cables Co. in regards to Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

    2370
    MESC 1.82 %
    1446/12/01     28/05/2025 08:00:54
  • Middle East Specialized Cables Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)

    2370
    MESC 1.82 %
    1446/11/29     27/05/2025 16:27:18
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Corporate Actions

Upcoming Events

    Past Events

    • MESC 2370
      1.82%
      Capital Reduction
      Eligibility Date | 04/11/2018
    • MESC 2370
      1.82%
      Rights Issue
      Eligibility Date | 27/08/2013
    • MESC 2370
      1.82%
      Bonus Shares
      Eligibility Date | 16/07/2008
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    Dividends

    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.

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    Shareholding Information

    • Board Of Directors
    • Foreign Ownership
    • Substantial Shareholders
    Time Period
    -
    Search
    Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
    2025-06-26 يحي براهيم محمد القنيبط Chairman 0.0031300% 0.0031300% 0
    2025-06-26 ماجد احمد ابراهيم الصويغ Board of Directors 0.0020000% 0.0020000% 0
    2025-06-26 علي عبدالرزاق محمد الغامدي Board of Directors 0.0012500% 0.0012500% 0
    2025-06-26 سليمان محمد سليمان النمله Board of Directors 0.9500000% 0.9500000% 0
    2025-06-26 محمد عبدالعزيز محمد النمله Board of Directors 2.7748000% 2.7748000% 0
    2025-06-26 محمد علي سعيد العجمي Board of Directors 0.0050000% 0.0050000% 0
    2025-06-26 سعد بن صالح بن علي الأزوري Board of Directors 0.0018325% 0.0018325% 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 33.60
    Market Cap (^ MN) 1,344
    P/E Ratio 15.96
    Created with Highcharts 10.0.0TimePriceChart context menuExport20-06-2521-06-2522-06-2523-06-2524-06-2525-06-2526-06-2520082010201220142016201820202022202432.0032.4032.8033.2033.60Zoom1D5D ▾1M3M1Y3YAllJun 20, 2025→Jun 26, 2025
    Index Name Index Level 1D Return
    Middle East Specialized Cables Co.33.001.82%
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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
    • 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

      448

    • Chairman

      Yahya Ibraheem AlQunaibit
      Non - Executive

      Yahya Ibraheem AlQunaibit
      • BD Session Start
        2022-07-02
        Designation
        Chairman
      • BD Session End
        2025-07-01
        Classification
        Non - Executive
    • Board of Directors

      Suliman Mohammed AlNamlah Non - Executive

      Suliman Mohammed AlNamlah
      • BD Session Start
        2022-07-02
        Designation
        Board of Directors
      • BD Session End
        2025-07-01
        Classification
        Non - Executive

      Saad Saleh AlAzwari Non - Executive

      Saad Saleh AlAzwari
      • BD Session Start
        2022-07-02
        Designation
        Board of Directors
      • BD Session End
        2025-07-01
        Classification
        Non - Executive

      Mohammed Abdulaziz AlNamlah Non - Executive

      Mohammed Abdulaziz AlNamlah
      • BD Session Start
        2022-07-02
        Designation
        Board of Directors
      • BD Session End
        2025-07-01
        Classification
        Non - Executive

      Ali Abdulrazaq AlGhamdi Deputy Chairman - Executive

      Ali Abdulrazaq AlGhamdi
      • BD Session Start
        2022-07-02
        Designation
        Board of Directors
      • BD Session End
        2025-07-01
        Classification
        Deputy Chairman - Executive

      Mohammed Ali Alajmi Independent

      Mohammed Ali Alajmi
      • BD Session Start
        2022-07-02
        Designation
        Board of Directors
      • BD Session End
        2025-07-01
        Classification
        Independent

      Majed Ahmed Alsuwaigh Independent

      Majed Ahmed Alsuwaigh
      • BD Session Start
        2022-07-02
        Designation
        Board of Directors
      • BD Session End
        2025-07-01
        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

    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. 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
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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.