Ubhar Capital issues Q2 2023 forecasts

Ubhar Capital issued Q2 2023 earnings forecasts for a number of Saudi banks and companies under coverage.

 

Saudi Basic Industries Corp. (SABIC) is expected to post a profit slump of 55% year-on-year (YoY) to SAR 3.5 billion. Al Rajhi Bank’s second-quarter earnings are forecast to fall 8% YoY to SAR 3.9 billion.

 

The following are the brokerage’s Q2 2023 earnings forecasts:

 

Q2 2023 Earnings Forecasts for Companies, Banks (SAR mln)

Company

Q2 2023 estimates

YoY

Banks

SNB

4813.5

+5%

Al Rajhi Bank

3911.6

(8%)

SAB

1684.5

+56%

Materials

SABIC

3537.9

(55%)

Sipchem

388.8

(69%)

Tasnee

135.6

(54%)

Advanced

114.7

+5%

Yansab

61.8

(79%)

SIIG

200.4

(29%)

Maaden

1356.9

(66%)

SABIC Agri-Nutrients

882.3

(71%)

Cement

Yamama Cement

93.3

+3%

Saudi Cement

97.4

(5%)

City Cement

35.5

+43%

Qassim Cement

60.4

+109%

Telecommunications

stc

4163.0

+47%

Mobily

396.7

+10%

Insurance

Bupa Arabia

272.5

+6%

Tawuniya

230.0

+23%

Healthcare

Sulaiman Al Habib

454.2

+14%

Mouwasat

162.8

+15%

Dallah Healthcare

75.5

+9%

Al Hammadi

74.3

+14%

IT

solutions

295.6

+8%

MIS

13.9

(18%)

Food Retailing

Jarir

177.7

+0.3%

SADAFCO*

61.4

+13%

Almarai

536.6

+3%

BinDawood Holding

86.6

+105%

Al Othaim

58.9

+26%

Cenomi Centres

217.6

+73%

Leejam

55.1

+53%

Other Sectors

Ataa Educational*

20.7

+51%

*Different fiscal year

Ubhar Capital - TASI Companies Earnings Forecasts 06/07/2023

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
42.15
(0.30) (0.71%)
ETIHAD ETISALAT
51.80
(0.90) (1.71%)
TAWUNIYA
140.40
(3.20) (2.23%)
ALRAJHI
88.00
(0.30) (0.34%)
SAB
33.80
(0.60) (1.74%)
QACCO
52.30
(0.50) (0.95%)
SAUDI CEMENT
40.20
0.05 0.12%
YC
32.05
0.65 2.07%
ALMARAI
55.10
(0.70) (1.25%)
TASNEE
10.68
(0.06) (0.56%)
SABIC
72.70
(0.20) (0.27%)
SADAFCO
359.00
(7.00) (1.91%)
SABIC AGRI-NUTRIENTS
113.80
(1.80) (1.56%)
SIIG
17.84
(0.52) (2.83%)
YANSAB
39.80
(0.30) (0.75%)
JARIR
13.24
(0.10) (0.75%)
SIPCHEM
26.30
(0.10) (0.38%)
MAADEN
56.40
0.20 0.36%
BUPA ARABIA
201.40
(1.20) (0.59%)
A.OTHAIM MARKET
11.80
(0.02) (0.17%)
ADVANCED
36.35
0.15 0.41%
CITY CEMENT
17.58
0.18 1.03%
DALLAH HEALTH
159.60
0.60 0.38%
MOUWASAT
94.10
(0.90) (0.95%)
SOLUTIONS
255.20
(4.80) (1.85%)
SNB
33.15
(0.50) (1.49%)
ALHAMMADI
39.95
(0.30) (0.75%)
SULAIMAN ALHABIB
286.20
0.20 0.07%
Leejam Sports
190.00
4.00 2.15%
CENOMI CENTERS
20.60
0.24 1.18%
ATAA
77.00
0.90 1.18%
BINDAWOOD
7.12
0.19 2.74%
MIS
188.00
7.80 4.33%


Popular Links

Quick Links

Join Us

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