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Middle East Specialized Cables Co. 2018 Annual Results

Revenue

SAR 523M

Net Profit

SAR -80M

Middle East Specialized Cables Co. (2370) reported full year 2018 revenue of SAR 523M, down 5.9% from SAR 556M in 2017. Net profit came in at SAR -80M, down 740.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2018	2017
Revenue	SAR 523M	SAR 556M
Net Profit	SAR -80M	SAR 13M
Gross Profit	SAR 69M	SAR 120M
Net Margin	-15.3%	2.3%
ROE	-20.8%	2.7%
Total Assets	SAR 748M	SAR 857M
Total Equity	SAR 385M	SAR 465M

Year on Year Comparison

Revenue decreased by 5.9% compared to 2017. Net profit decreased by 740.8%. Both revenue and profit declined year on year.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2019-04-11.