Riyad Capital issues Q4 2022 earnings forecasts for Saudi banks, firms under coverage

Tadawul trading screen

Riyad Capital released Q4 2022 earnings forecasts for several Tadawul-listed banks and firms under its coverage.

 

Saudi Basic Industries Corporation (SABIC) is expected to post a 70% year-on-year (YoY) plunge in net profit to SAR 1.5 billion in Q4 2022. On the flip side, Al Rajhi Bank is likely to post a 9% profit rise YoY to SAR 4.38 billion in the three-month period.  

 

Riyad Capital’s Q4 2022 Profit Forecasts (SAR mln)

Company

Q4 2022

YoY Change

Banking Sector

BSF

1022

+3%

SABB

1274

+198%

ANB

891

+95%

Al Rajhi Bank

4382

+9%

Bank Albilad

528

+23%

Alinma Bank

944

+52%

SNB

4675

+58%

Petrochemicals

SABIC

1501

(70%)

SABIC Agri-Nutrients

1911

(31%)

Tasnee

38

(89%)

Yansab

(29)

--

Sipchem

518

(61%)

Advanced

20

(88%)

Saudi Kayan

(515)

--

SIIG

51

(58%)

Telecommunications

stc

2804

+7%

Mobily

383

+19%

Zain KSA

87

+22%

Cement

Yamama Cement

109

--

Saudi Cement

105

+56%

Qassim Cement

41

+21%

Southern Cement

100

+13%

Yanbu Cement

72

+629%

Other Sectors

Almarai

323

+13%

Jarir

259

(1%)

SEC*

1043

--

Sulaiman Al Habib

447

+13%

BinDawood Holding

(7)

--

solutions

306

+167%

Elm

226

+105%

Nomu-Parallel Market  

Riyadh Cement

97

+90%

Burgerizzr

5

(44%)

Al Hasoob

3.7

(41%)
* Saudi Electricity Co. (SEC) net loss stood at SAR 888 million, after Mudaraba instrument 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Quotes

STC
40.50
0.40 1.00%
ETIHAD ETISALAT
52.30
0.00 0.00%
SAUDI ELECTRICITY
16.88
0.16 0.96%
ALRAJHI
91.40
1.50 1.67%
ALBILAD
37.25
0.85 2.34%
ANB
20.14
0.04 0.20%
SAB
32.40
0.50 1.57%
BSF
33.20
0.10 0.30%
QACCO
53.50
0.30 0.56%
SAUDI CEMENT
42.45
0.15 0.35%
SPCC
33.80
0.15 0.45%
YC
33.80
(0.20) (0.59%)
YCC
23.74
(0.02) (0.08%)
ALMARAI
58.50
0.50 0.86%
TASNEE
10.20
0.04 0.39%
SABIC
67.10
0.60 0.90%
SABIC AGRI-NUTRIENTS
111.40
3.20 2.96%
SIIG
16.92
0.06 0.36%
YANSAB
37.10
(0.20) (0.54%)
JARIR
12.72
0.06 0.47%
SIPCHEM
24.28
0.16 0.66%
SAUDI KAYAN
6.85
0.05 0.74%
ALINMA
28.15
0.15 0.54%
ADVANCED
32.20
0.00 0.00%
ZAIN KSA
10.28
0.06 0.59%
SOLUTIONS
277.60
2.00 0.73%
SNB
33.15
0.15 0.45%
SULAIMAN ALHABIB
289.80
(8.80) (2.95%)
RIYADH CEMENT
33.35
(0.10) (0.30%)
BINDAWOOD
6.60
0.02 0.30%
ELM
1,133.60
1.20 0.11%
BURGERIZZR
20.58
(0.02) (0.10%)
ALHASOOB
65.50
0.30 0.46%


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request