Middle East Specialized Cables Company SJSC 2370.SR · SAR
Industrials · Tadawul · 🇸🇦 Saudi Arabia
29.08
+1.04%
Close of 9 Nov 2026, in SAR
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About Middle East Specialized Cables Company SJSC
Its shares trade on Tadawul under the ticker 2370.SR. It has been listed since 12 November 2007. In the fiscal year to 31 December 2025, it reported revenue of SAR 1.48bn and net income of SAR 101.7m. At that date it held total assets of SAR 1.18bn and shareholders' equity of SAR 538.8m.
Middle East Specialized Cables Co. engages in the production and sale of flexible electric, coaxial, rubber and nylon coated wires and cables, telephone cables for internal extensions, computer cables, safety and anti-fire wires and cables and control and transmission of information cables. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2007-11-12. The firm is active in three geographical regions, namely the Kingdome of Saudi Arabia, the Hashemite Kingdom of Jordan and the United Arab Emirates. As of December 31, 2011, the Company’s subsidiaries included Middle East Specialized Cables Company-Jordan, MESC for Medium and High Voltage Cables Company, MESC-Ras Al-Khaimah LLC and Sharjah Cables Factory. In October, 2013, the Company acquired Sharjah Cables Factory.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 12 Nov 2007
- Website
- mesccables.com ↗
Leadership
Pay as last reported
- Mr. Yahya Al QunaibitChairman of the Board, since 2008
- Mr. Fadhil AlsaadiChief Executive Officer
- Mr. Mohammed AlotabiVice President - Operation
- Eng. Suliman Mohammed Al NamlahMember of the Board
- Mr. Ali Abdulrazaq AlghamdiMember of the Board
- Mr. Saad Amash AlshammariMember of the Board
- Eng. Abdul Aziz Bin Mohammed Al NamlahMember of the Board
- Mr. Saad Bin Saleh AlazwariMember of the Board
- Mr. Mousa Bin Abdullah Al-ruwailiIndependent Member of the Board
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Produces flexible electric and coaxial cables in Saudi Arabia, Jordan, and UAE markets.
- Offers safety and anti-fire wires and cables for critical infrastructure projects.
- Has subsidiaries in Jordan, Ras Al-Khaimah, and Sharjah for regional expansion.
Weaknesses
- Relies on three geographical regions for market presence without diversification.
- Limited product range compared to global competitors in electrical equipment sector.
- Dependent on regional economic conditions in Middle East markets.
Opportunities
- Expands into new markets within Middle East through acquisitions like Sharjah Cables Factory.
- Growth potential in Saudi Arabia's infrastructure development projects.
- Increasing demand for safety and anti-fire cables in construction and industrial sectors.
Threats
- Economic volatility in Middle East countries affecting regional demand.
- Competition from international electrical equipment manufacturers in Gulf markets.
- Regulatory changes in Saudi Arabia's industrial sector impacting operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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