SNB Capital issues Q1 2024 earnings estimates

SNB Capital issued Q1 2024 earnings forecasts for Tadawul-listed banks and firms under its coverage, led by Saudi Basic Industries Corp. (SABIC), Al Rajhi Bank and Saudi Electricity Co. (SEC).

 

Below is the list of SNB Capital’s first-quarter estimates for banks and firms under its coverage:

 

SNB Capital's Forecasts for Q1 2024 Profit (SAR mln)

Company

Q1 2024 (Projected)

YoY Change

Petrochemicals

SABIC

480.0

(27%)

SIIG

23.7

--

Yansab

90.0

--

Advanced

9.9

(77%)

Tasnee

67.3

(18%)

Sipchem

169.0

(64%)

SABIC Agri-Nutrients

696.0

(29%)

Saudi Kayan

(477.0)

--

Arabian Drilling

187.0

+32%

Luberef

246.0

(45%)

ADES

194.0

+210%

Banks

Al Rajhi Bank

4428.0

+7%

Alinma Bank

1393.0

+44%

BSF

1125.0

+5%

Bank Albilad

612.0

+9%

Riyad Bank

2153.0

+7%

Bank AlJazira

283.0

+39%

Telecommunications

stc

2892.0

(7%)

Mobily

549.0

+18%

Zain KSA

28.8

(95%)

solutions

350.0

+15%

Healthcare

Saudi German Health

52.9

+6%

Mouwasat

209.0

+25%

Al Hammadi

80.0

(2%)

Sulaiman Al Habib

549.0

+12%

Dallah

111.0

+17%

Tourism

SGS

70.5

+76%

CATRION

78.7

+38%

Seera

59.7

+8%

Retail

Leejam Sports

75.2

+20%

eXtra

88.0

+4%

Shaker

28.6

 (1%)

Jarir

261.0

+5%

BinDawood Holding

60.0

+17%

Al Othaim

130.0

+8%

Nahdi

249.0

+2%

Americana*

40.8

 (30%)

Aldawaa

83.7

+10%

Cement

Arabian Cement

48.1

(2%)

Yamama Cement

77.9

(31%)

Eastern Cement

58.4

+5%

Qassim Cement

43.4

(21%)

Southern Cement

30.2

(38%)

Saudi Cement

88.1

(29%)

Yanbu Cement

33.1

(35%)

Riyadh Cement

45.4

--

Real Estate

Dar Al Arkan

122.0

+4%

Taiba

68.8

+11%

Food & Beverages

Almarai

642.0

+1%

Savola

267.0

(32%)

First Mills

67.6

(8%)

Car Rental

Lumi

44.8

(11%)

Budget Saudi

75.7

+9%

Theeb

41.4

(2%)

SAL

211.0

+103%

Others

SEC**

530.0

+10%

Tadawul Group

166.0

+83%

Saudi Steel Pipe

49.1

+671%
*Americana profit in US dollar

**Profit before Mudaraba gains

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%)
SAUDI ELECTRICITY
16.40
(0.08) (0.49%)
ALRAJHI
88.00
(0.30) (0.34%)
ALBILAD
36.80
0.20 0.55%
BJAZ
16.44
0.02 0.12%
RIBL
25.75
0.00 0.00%
BSF
31.20
0.00 0.00%
ACC
25.20
0.60 2.44%
EPCCO
34.75
(0.15) (0.43%)
QACCO
52.30
(0.50) (0.95%)
SAUDI CEMENT
40.20
0.05 0.12%
SPCC
33.10
0.05 0.15%
YC
32.05
0.65 2.07%
YCC
23.00
(0.02) (0.09%)
ALMARAI
55.10
(0.70) (1.25%)
TASNEE
10.68
(0.06) (0.56%)
SABIC AGRI-NUTRIENTS
113.80
(1.80) (1.56%)
SAVOLA GROUP
25.80
0.25 0.98%
SIIG
17.84
(0.52) (2.83%)
YANSAB
39.80
(0.30) (0.75%)
JARIR
13.24
(0.10) (0.75%)
TAIBA
45.10
(0.10) (0.22%)
SIPCHEM
26.30
(0.10) (0.38%)
SAUDI KAYAN
7.78
(0.04) (0.51%)
ALINMA
28.10
(0.25) (0.88%)
BUDGET SAUDI
86.00
(0.20) (0.23%)
SEERA
23.00
(0.02) (0.09%)
A.OTHAIM MARKET
11.80
(0.02) (0.17%)
DAR ALARKAN
16.66
0.76 4.78%
ADVANCED
36.35
0.15 0.41%
ZAIN KSA
10.56
(0.12) (1.12%)
DALLAH HEALTH
159.60
0.60 0.38%
MOUWASAT
94.10
(0.90) (0.95%)
SSP
71.30
0.60 0.85%
SHAKER
26.15
(0.45) (1.69%)
CATRION
119.00
1.80 1.54%
EXTRA
101.00
1.80 1.81%
SOLUTIONS
255.20
(4.80) (1.85%)
LUMI
76.60
0.00 0.00%
SGS
52.90
0.40 0.76%
ALHAMMADI
39.95
(0.30) (0.75%)
ALDAWAA
88.20
1.00 1.15%
TADAWUL GROUP
238.80
(1.40) (0.58%)
SULAIMAN ALHABIB
286.20
0.20 0.07%
ARABIAN DRILLING
110.00
(1.60) (1.43%)
RIYADH CEMENT
28.20
0.20 0.71%
SAUDI GERMAN HEALTH
72.30
0.00 0.00%
Leejam Sports
190.00
4.00 2.15%
LUBEREF
117.20
0.20 0.17%
THEEB
77.70
3.20 4.30%
BINDAWOOD
7.12
0.19 2.74%
SAL
275.80
(1.80) (0.65%)
NAHDI
123.40
(1.00) (0.80%)
ADES
19.78
0.00 0.00%
AMERICANA
2.28
(0.11) (4.60%)
FIRST MILLS
64.70
0.40 0.62%


Popular Links

Quick Links

Join Us

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