GIB Capital previews Q2 2024 earnings

Tadawul trading screen 

GIB Capital released Q2 2024 earnings forecasts for Saudi-listed firms under coverage.

 

The following table shows GIB Capital’s second-quarter estimates for Saudi-listed companies under its coverage:

 

GIB Capital’s Q2 2024 Earnings Estimates (SAR mln)

Company

Q2 2024 (Projected)

YoY Change 

Petrochemicals

Advanced

38

(37%)

Alujain*

13

(23%)

Sipchem**

199

(36%)

Saudi Kayan

(517)

--

Energy

Arabian Drilling

120

(14%)

ADES Holding

192

+85%

Basic Materials

Luberef

281

(38%)

AMAK 

26

+145%

Public Utilities

MARAFIQ 

99

(38%)

Banks

SNB***

5163

+3%

Retail

Jarir

150

(4%)

SASCO

11

(15%)

Food

Tanmiah 

23

+102%

First Mills 

59

+69%

Modern Mills

46

+12%

Transportation

Theeb

42

+40%

Budget Saudi

71

+1%

Lumi***

70

+41%

SAL

200

+84%

Other Sectors

Tadawul Group

156

+48%

Americana******

34

(61%)

Alamar 

11

(37%)

Leejam

87

+20%

Riyadh Cables

156

+23%

Astra 

137

+19%

Elm

395

+6%

Al Akaria

10

--

Retal

58

(18%)

Al Mawarid

27

+20%

Al Arabia

85

--

Jamjoom Pharma

116

+34%

Avalon Pharma

26

+44%

Numu-Parallel Market (H1 2024)

GAS

40

+13%

Saudi Azm

16

+19%

*Excluding one-off gains from a 35% stake sale in NATPET

**Including an insurance settlement worth SAR 53 million

***Gross operating income

****Including SAR 27 milion in discount received

*****Results in US dollar

GIB Capital - Tadawul-listed firms Q2 2024 earnings forecasts

Comments 4

1
16
499

hood100

منذ 4 سنه

البنك الاوروبي المركزي هو اللذي يشتري هذه السندات ولولاه كان الفوائد على هذه السندات 15% على الاقل ولا ننسى ان فوائد سندات اليونان كانت 70% منذ سنوات وبعد تدخل المركزي الاوروبي انخفضت الى 2% الان , هذه التقارير مضلله للاسف .

3
عضو مميز
54
3960

CitezenoftheWorld

منذ 4 سنه
Replying to   hood100

بس التقرير قال نفس كلامك وبتفصيل اكبر!!

2
34
3117

محمد بن عبدالله Mohammad

منذ 4 سنه

سندات بعائد صفري وقريبة من منطقة الخردة مدعومة بمشتريات البنك الاوروبي المركزي لخفض المخاطر للمنطقة الاوروبية.

يعني لو عجزو عن السداد راح العائد و راس المال.

4
6
1836

Qarnma0k

منذ 4 سنه

الصين 🇨🇳 موجوده وتعطيك قروض زي ماتبغا لكن تعثر عن السداد وابدا مايهاوشونك بس ياخذون ارض ومصنع وبقاله عندك لين تقدر تسدد 

هذي حوبة الافراط في كل شي

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Quotes

ALUJAIN
39.35
1.55 4.10%
JARIR
12.98
0.00 0.00%
ALAKARIA
24.16
0.06 0.25%
SASCO
67.90
0.90 1.34%
SIPCHEM
20.80
0.28 1.36%
SAUDI KAYAN
6.12
0.10 1.66%
BUDGET SAUDI
83.10
0.50 0.61%
ADVANCED
30.85
0.40 1.31%
ASTRA INDUSTRIAL
156.00
5.00 3.31%
LUMI
69.30
(0.50) (0.72%)
SNB
35.85
(0.10) (0.28%)
TADAWUL GROUP
204.00
0.80 0.39%
MARAFIQ
45.90
1.25 2.80%
ALARABIA
133.60
1.00 0.75%
RIYADH CABLES
127.00
(1.20) (0.94%)
ARABIAN DRILLING
95.80
1.30 1.38%
LEEJAM SPORTS
151.20
0.20 0.13%
LUBEREF
105.00
0.80 0.77%
THEEB
70.00
0.50 0.72%
RETAL
17.50
0.24 1.39%
SAL
198.00
(8.00) (3.88%)
ELM
970.00
(19.00) (1.92%)
TANMIAH
123.00
0.80 0.65%
ALAMAR
74.00
1.70 2.35%
GAS
16.34
0.16 0.99%
AMAK
57.90
(0.50) (0.86%)
AZM
30.95
1.00 3.34%
ADES
16.32
(0.04) (0.24%)
AMERICANA
2.24
0.07 3.23%
ALMAWARID
139.00
8.80 6.76%
JAMJOOM PHARMA
156.00
0.60 0.39%
FIRST MILLS
62.70
1.40 2.28%
AVALON PHARMA
131.60
0.00 0.00%
MODERN MILLS
40.55
0.80 2.01%


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