Ubhar Capital releases Q1 2023 forecasts

Tadawul trading screen

Ubhar Capital issued Q1 2023 earnings forecasts for a number of Saudi banks and companies under coverage.

 

Saudi Basic Industries Corporation (SABIC) is expected to post a profit slump of 80% year-on-year (YoY) to SAR 1.26 billion. Al Rajhi Bank’s first-quarter earnings are forecast to grow 8% to SAR 4.5 billion.

 

The following are the brokerage’s Q1 2023 earnings forecasts:

 

Ubhar Capital Q1 2023 Earnings Forecasts for Companies, Banks (SAR mln)

Company

Q1 2023 estimates

YoY

Banks

SNB

4629.0

+3%

Al Rajhi Bank

4478.1

+8%

SABB

1434.3

+43%

Materials

SABIC

1263.0

(81%)

Petro Rabigh

(294.0)

--

Sipchem

516.0

(52%)

Tasnee

177.0

(43%)

Advanced

51.0

(69%)

Yansab

(269.0)

--

SIIG

127.0

(46%)

Maaden

1570.0

(28%)

SABIC Agri-Nutrients

845.2

(66%)

Telecommunications

stc

3417.0

+13%

Mobily

366.0

+15%

Zain KSA

132.0

+64%

Insurance

Bupa Arabia

110.3

+17%

Tawuniya

70.4

+251%

Saudi Re

15.5

+2%

Healthcare

Sulaiman Al Habib

426.5

+9%

Mouwasat

152.2

+1%

Dallah Healthcare

94.6

+14%

Al Hammadi

62.7

+1%

Saudi German Health

27.7

+35%

IT

solutions

283.1

--

MIS

15.1

+228%

Food Retailing

Jarir

263.9

+5%

SADAFCO*

81.6

+33%

BinDawood Holding

69.6

+6%

Al Othaim

96.3

+5%

Alandalus Property

20.2

+2%

Cenomi Centres*

416.6

--

Leejam

47.5

+3%

Other Sectors

Ataa Educational*

9.3

+156%

Saudi Ceramics

54.2

+6%

*Different FY

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
39.65
(0.35) (0.88%)
ETIHAD ETISALAT
54.10
1.40 2.66%
TAWUNIYA
131.80
(0.80) (0.60%)
ALRAJHI
93.30
1.80 1.97%
SAB
31.50
(0.20) (0.63%)
SAUDI CERAMICS
35.55
1.25 3.64%
TASNEE
10.58
(0.06) (0.56%)
SABIC
70.00
0.30 0.43%
SADAFCO
351.00
0.00 0.00%
SABIC AGRI-NUTRIENTS
111.80
(0.20) (0.18%)
SIIG
17.78
0.10 0.57%
YANSAB
39.00
(0.80) (2.01%)
JARIR
12.82
(0.04) (0.31%)
SIPCHEM
25.35
(0.10) (0.39%)
PETRO RABIGH
8.48
0.06 0.71%
MAADEN
54.10
(0.20) (0.37%)
BUPA ARABIA
183.60
(2.80) (1.50%)
A.OTHAIM MARKET
11.12
(0.04) (0.36%)
ADVANCED
35.25
0.35 1.00%
ZAIN KSA
10.44
0.04 0.38%
SAUDI RE
39.15
1.55 4.12%
DALLAH HEALTH
151.80
1.20 0.80%
MOUWASAT
91.00
3.60 4.12%
SOLUTIONS
260.20
6.20 2.44%
SNB
33.15
0.00 0.00%
ALHAMMADI
39.55
0.60 1.54%
SULAIMAN ALHABIB
271.40
(0.20) (0.07%)
ALANDALUS
24.90
0.72 2.98%
SAUDI GERMAN HEALTH
68.00
2.80 4.29%
Leejam Sports
179.80
(1.40) (0.77%)
CENOMI CENTERS
19.72
(0.28) (1.40%)
ATAA
72.20
(0.90) (1.23%)
BINDAWOOD
6.81
(0.04) (0.58%)
MIS
188.80
(2.00) (1.05%)


Popular Links

Quick Links

Join Us

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