Middle East Specialized Cables Co.

Tadawul

Currency in SAR
30.72
-3.14 (-9.27%)

Closed

Aug 11, 2026

Day's Range

30.48
33.20

52 wk Range

18.21
35.00
Loading

Key Statistics

Symbol

2370

Name

Middle East Specialized Cables Co.

Currency

SAR

Exchange

Tadawul

High

33.20000

Low

30.48000

Open

‪33.00‬

Last

‪30.72‬

Market Cap

1.35B

Pe Ratio

‪11.46‬

Volume

1.62M

Average Volume

472.16K

Dividend Yield

‪3.47%‬

Change

-3.14

Percent Change

-9.27

Timestamp

2026-08-11

Close

30.72000

Today Range Start

‪30.48‬

Today Range End

‪33.20‬

52 Week Range Start

‪18.21‬

52 Week Range End

‪35.00‬

Type

Stocks

Country

Saudi Arabia

Historical Data - 2370 - Middle East Specialized Cables Co.

Historical Data

TimeOpenHighLowCloseVolume

No data available

Market Cap - 2370 - Middle East Specialized Cables Co.

Market Cap

2026-08-10

1.35B

2026-08-09

1.31B

2026-08-06

1.31B

2026-08-05

1.30B

2026-08-04

1.27B

2026-08-03

1.26B

2026-08-02

1.24B

2026-07-30

1.23B

2026-07-29

1.20B

2026-07-28

1.24B

Dividend - 2370 - Middle East Specialized Cables Co.

Dividend

2026-07-01

0.6000

Splits

2018-11-05

0.666-for-1 split (1.5015)

Splits - 2370 - Middle East Specialized Cables Co.

Balance Sheet - 2370 - Middle East Specialized Cables Co.

Balance Sheet

Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
ExpandAssets
1.18B928.68M771.13M768.07M666.15M673.76M
ExpandLiabilities
642.03M464.43M393.49M439.78M327.78M312.68M
ExpandShareholders Equity
538.80M464.25M377.63M328.29M338.36M361.08M

Cash Flow - 2370 - Middle East Specialized Cables Co.

Cash Flow

Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
ExpandOperating Activities
------
ExpandInvesting Activities
------
ExpandFinancing Activities
------
End Cash Position39.54M19.27M20.97M43.49M68.02M49.35M
Income Tax Paid------
Interest Paid------
Free Cash Flow-19.28M-81.26M68.34M-47.14M51.10M36.58M

Income Statement - 2370 - Middle East Specialized Cables Co.

Income Statement

Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Sales1.48B1.14B926.88M814.39M516.50M525.59M
Cost of Goods1.24B948.71M774.83M739.45M464.15M444.97M
Gross Profit237.47M195.20M152.04M74.94M52.34M80.61M
ExpandOperating Expense
------
Operating Income148M124.42M89.86M27.41M-7.21M38.68M
ExpandNon-Operating Interest
------
Other Income Expense------
Pre Tax Income115.18M104.78M65.53M19.09M-10.19M25.92M
Income Tax13.51M13.78M16.59M30.87M12.52M23.85M
Net Income101.66M90.99M48.93M-11.78M-22.71M2.06M
EPS Basic2.542.271.22-0.29-0.570.05
EPS Diluted2.542.271.22-0.29-0.570.05
Basic Shares Outstanding40M40M40M40M40M40M
Diluted Shares Outstanding40M40M40M40M40M40M
Ebit126.17M109.15M70.69M23.04M-6.59M30.24M
Ebitda151.17M132.14M93.14M38.40M4.24M50.66M
Net Income Continuous Operations115.18M104.78M65.53M19.09M-10.19M2.06M
Minority Interests------
Preferred Stock Dividends000000

Recommendations - 2370 - Middle East Specialized Cables Co.

Recommendations

DateStrong BuyBuyHoldSellStrong Sell
Aug 202600000
Jul 202600000
Jun 202600000
May 202600000

Profile - 2370 - Middle East Specialized Cables Co.

Profile

Mic Code

XSAU

Sector

Industrials

Industry

Electrical Equipment & Parts

Employees

0


Middle East Specialized Cables Co. is a key player in the manufacturing of specialized cables within the industrial sector. The company's primary mission is to provide tailored cable solutions that meet the diverse requirements of clients across various industries, including energy, telecommunications, construction, and transport. With a focus on high-quality production, Middle East Specialized Cables Co. offers a wide range of products including power cables, optical fiber cables, and telecom cables. These products are essential components in the infrastructure development of the region, contributing significantly to the industrial and economic progress. The company's expertise in the cable manufacturing sector and its strategic positioning in the Middle East make it a fundamental entity in the regional market. Its operations support a wide range of projects and industries, helping to drive advancements and ensuring reliability and efficiency in power and communication networks. As the demand for high-performance cables rises with the growth of technology and infrastructure projects, Middle East Specialized Cables Co. plays a crucial role in meeting these needs.

Profile Details

Type

Common Stock

Address

Salahuddin Al-Ayoubi Street

City

Riyadh

Zip

11555

Country

Saudi Arabia

Phone

966 11 265 0555

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