Middle East Specialized Cables Company

Saudi Stock Exchange 2370.SR

Middle East Specialized Cables Company Return on Assets (ROA) for the year ending December 31, 2023: 6.35%

Middle East Specialized Cables Company Return on Assets (ROA) is 6.35% for the year ending December 31, 2023, a 513.48% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Middle East Specialized Cables Company Return on Assets (ROA) for the year ending December 31, 2022 was -1.53%, a 54.99% change year over year.
  • Middle East Specialized Cables Company Return on Assets (ROA) for the year ending December 31, 2021 was -3.41%, a -1,211.53% change year over year.
  • Middle East Specialized Cables Company Return on Assets (ROA) for the year ending December 31, 2020 was 0.31%, a 108.42% change year over year.
  • Middle East Specialized Cables Company Return on Assets (ROA) for the year ending December 31, 2019 was -3.65%, a 65.97% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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Saudi Stock Exchange: 2370.SR

Middle East Specialized Cables Company

CEO Mr. Fadhil Fawzan Alsaadi
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters Al Bait Project, Building No. 1
Employees 67
Sector Energy
Industries
Description

Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells flexible electric, coaxial, rubber, and nylon coated wires and cables primarily in the Kingdom of Saudi Arabia, Jordan, and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; power and control cables that are primarily used in the construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications. In addition, the company produces and sells safety and anti-fire wires and cables, as well as engages in the control and transmission of information cables. Middle East Specialized Cables Company was incorporated in 1992 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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