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Middle East Specialized Cables Co.'s H1 Attributable Net Profit, Revenue Grow

MT Newswires·08/11/2026 03:27:30
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03:27 AM EDT, 08/11/2026 (MT Newswires) -- Middle East Specialized Cables Co. (SASE:2370) said Tuesday its attributable net profit and revenue for the first half rose year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 64.8 million Saudi riyals, compared with 49.1 million riyals a year ago. EPS moved to 1.62 riyals from 1.23 riyals. The Saudi Arabia-listed industrial cable manufacturer's revenue was 968.1 million riyals, compared with 719.9 million riyals earlier.