Home / Middle East Specialized Cables Co. / 2020 Annual Results

Middle East Specialized Cables Co. 2020 Annual Results

Revenue

SAR 426M

Net Profit

SAR 2M

Middle East Specialized Cables Co. (2370) reported full year 2020 revenue of SAR 426M, up 7.8% from SAR 395M in 2019. Net profit came in at SAR 2M, up 108.4% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 426M	SAR 395M
Net Profit	SAR 2M	SAR -25M
Gross Profit	SAR 100M	SAR 73M
Net Margin	0.5%	-6.2%
ROE	0.6%	-6.8%
Total Assets	SAR 674M	SAR 674M
Total Equity	SAR 361M	SAR 360M

Year on Year Comparison

Revenue increased by 7.8% compared to 2019. Net profit increased by 108.4%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2024 2023 2022 2021 2020 2019 2018 2017

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: 2021-04-11.