Middle East Specialized Cables First Quarter 2025 Earnings: EPS: ر.س0.48 (vs ر.س0.65 in 1Q 2024)

MESC -1.74%

MESC

2370.SA

30.50

-1.74%

Middle East Specialized Cables (TADAWUL:2370) First Quarter 2025 Results

Key Financial Results

  • Revenue: ر.س339.0m (up 16% from 1Q 2024).
  • Net income: ر.س19.2m (down 26% from 1Q 2024).
  • Profit margin: 5.7% (down from 8.9% in 1Q 2024). The decrease in margin was driven by higher expenses.
  • EPS: ر.س0.48 (down from ر.س0.65 in 1Q 2024).
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earnings-and-revenue-history
SASE:2370 Earnings and Revenue History May 17th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Middle East Specialized Cables shares are down 7.2% from a week ago.

Risk Analysis