SNB Capital issues Q2 2022 estimates for Saudi banks, firms under coverage

Q2 2022 Profit Forecasts

Company

Q2 2022

Change vs. Q2 2021

Petrochemicals

SABIC

6097

(21%)

SIIG

267

(47%)

Yansab

221

(63%)

Advanced

102

(62%)

Tasnee

323

(9%)

Sipchem

1081

+30%

SABIC Agri-Nutrients

2369

+185%

Saudi Kayan

4

(99%)

Banks

Al Rajhi Bank

4266

+18%

Alinma Bank

847

+19%

BSF

944

+23%

Bank Albilad

485

+17%

Bank AlJazira

373

+48%

Telecommunication Services

stc

3098

+10%

Mobily

326

+34%

Zain KSA

91

+117%

solutions

259

+1%

Food & Agriculture

Savola

232

+16%

Almarai

451

(6%)

Healthcare

Saudi German Health

22

+141%

Mouwasat

148

+5%

Al Hammadi

52

+29%

Sulaiman Al Habib

411

+26%

Tourism

SGS

(10)

--

Saudi Catering

50

--

Seera

(34)

--

Retail

Leejam

54

+6%

eXtra

101

+1%

Alhokair*

50

+130%

Shaker

17

+93%

Jarir

209

+10%

Al Othaim

82

+71%

BinDawood Holding

64

(33%)

Nahdi

240

+3%

Cement

Arabian Cement

24

(28%)

Yamama Cement

37

(52%)

Eastern Cement

32

(48%)

Qassim Cement

36

(64%)

Southern Cement

66

(31%)

Saudi Cement

60

(31%)

Yanbu Cement

15

(64%)

Real Estate

Dar Al Arkan

153

+581%

Taiba

13

--

Other Sectors

SEC

5440

(7%)

SSP

12

--

Tadawul Group

137

(25%)