Middle East Complex
| Name | Middle East Complex | |
| Sector | Manufacturing - Electronics and electrical equipments | |
| Trading | ASE | |
| RIC Code | MECE.AM | |
| Location | JORDAN |
Profile and Background
Established in 1994 with a paid-up capital of JD 22 million ($31.4 million), Middle East Complex for Engineering, Electronics & Heavy Industries (MEC) manufactures a wide range of electric and electronic home appliances.
MEC also has a product line under its own brand name MEC.The company's production facilities are located in three main plants: the refrigerator plant, the television plant and the washing machine plant.
MEC also operates three auxiliary facilities to provide complementary services for its products. These include a plastics facility, a steel molding facility and a pants facility. Producing and marketing home appliances, electronic condensers, cars and motorcycles.
MEC also has a product line under its own brand name MEC.The company's production facilities are located in three main plants: the refrigerator plant, the television plant and the washing machine plant.
MEC also operates three auxiliary facilities to provide complementary services for its products. These include a plastics facility, a steel molding facility and a pants facility. Producing and marketing home appliances, electronic condensers, cars and motorcycles.
Shareholding Groups
| Individuals | 71% |
| Institutions | N/A |
| Floating | N/A |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Abdel Rao'f Karkash |
| Director | Ayman Al-Kalili |
| Vice Chairman | Darwish Al-Kalili |
| Director | Essam Taba'a |
| Director | Mohammed Al-Jamil |
| Chairman | Osama Al-Kalili |
| Director | Osama Kateir |
| Director | Wasif Azar |
Stock Performance
Market Information
| Stock | Jordan Index | |
| Last Closing | JOD 1.89 | 3266.19 |
| YTD % |  -1.895% |  0% |
| Weekly % |  0.427% | 3.06% |
| Year High | JOD 3.1 | 5631.23 |
| Year Low | JOD 1.88 | 3113.2 |
| 52 Week High | JOD 3.19 | 4283.04 |
| 52 Week Low | JOD 1.68 | 3113.2 |
| BETA | 1.5503 | |
| Outstanding Shares | 40,000,000 | |
| Market Cap | JOD 75,600,000 | |
| Market Cap in $ | USD $106,779,661 | |
| % of Jordan Market | 0.37% | |
| % of Sector | 2.59% | |
| Rank by Cap | 32 |
Key Figures in '000 JOD
| 2003 | 2002 | 2001 | |
| Total Assets | 93,370 | 64,246 | 52,378 |
| Shareholder's Equity | 41,884 | 28,771 | 28,620 |
| NIAT | 2,783 | 1,403 | 828 |
| Dividends | N/A | N/A | N/A |
Financial Ratios
| 2003 | 2002 | 2001 | |
| Assets Growth | 45.33% | 22.66% | 1.16% |
| Earning Growth | 98.36% | 69.46% | -16.94% |
| ROaA | 3.53% | 2.41% | 1.59% |
| ROaE | 7.88% | 4.89% | 2.94% |
| No. Of Shares | 22,000,000 | 22,000,000 | 22,000,000 |
| EPS | 0.13 | 0.06 | 0.04 |
| EPS Growth | 98.36% | 69.46% | -16.94% |
| Payout Ratio | N/A | N/A | N/A |
Valuation Ratios
| Trailing | |
| PE | |
| PB | |
| DVPS | |
| Div Yield | |
| EV | |
| EV/Equity |
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