BRIEF-Middle East Specialized Cables Qtrly Profit Rises

Tadawul All Shares Index +0.21%
MESC -1.28%

Tadawul All Shares Index

TASI.SA

12102.55

+0.21%

MESC

2370.SA

42.45

-1.28%

- MIDDLE EAST SPECIALIZED CABLES 2370.SE:

  • QTRLY NET PROFIT AFTER ZAKAT AND TAX 13.6 MILLION RIYALS VERSUS 0.3 MILLION RIYALS YEAR AGO

  • QTRLY SALES 229.9 MILLION RIYALS VERSUS 200.6 MILLION RIYALS YEAR AGO

  • QUARTER SAW INCREASE IN SALES VOLUME

  • QUARTER SAW INCREASE IN GROSS MARGINS

  • AS OF END- SEPT, ACCUMULATED LOSSES TO CAPITAL RATIO 16.15%

Source text for Eikon: ID:nSSE1jhkv8

Further company coverage: 2370.SE


((Reuters.Briefs@thomsonreuters.com;))

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