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 {{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

ALUJAIN
39.60
0.15 0.38%
JARIR
13.36
0.14 1.06%
ALAKARIA
24.92
(0.04) (0.16%)
SASCO
78.70
0.80 1.03%
SIPCHEM
26.35
0.20 0.76%
SAUDI KAYAN
7.74
0.00 0.00%
BUDGET SAUDI
85.80
0.50 0.59%
ADVANCED
36.00
0.05 0.14%
ASTRA INDUSTRIAL
174.00
(0.20) (0.11%)
LUMI
74.10
(3.00) (3.89%)
SNB
32.65
(0.20) (0.61%)
TADAWUL GROUP
243.80
(0.40) (0.16%)
MARAFIQ
59.30
0.60 1.02%
ALARABIA
170.00
0.80 0.47%
RIYADH CABLES
117.00
7.60 6.95%
ARABIAN DRILLING
111.60
1.60 1.45%
Leejam Sports
190.60
0.40 0.21%
LUBEREF
114.40
(0.20) (0.17%)
THEEB
73.30
(0.30) (0.41%)
RETAL
15.60
(0.10) (0.64%)
SAL
282.00
(5.00) (1.74%)
ELM
1,097.40
(24.60) (2.19%)
TANMIAH
141.00
1.40 1.00%
ALAMAR
77.00
0.00 0.00%
GAS
17.00
1.94 12.88%
AMAK
73.00
0.10 0.14%
AZM
29.70
0.70 2.41%
ADES
19.66
(0.12) (0.61%)
AMERICANA
2.28
(0.02) (0.87%)
ALMAWARID
109.80
0.80 0.73%
JAMJOOM PHARMA
162.20
(1.20) (0.73%)
FIRST MILLS
63.80
0.20 0.31%
AVALON PHARMA
131.60
(1.00) (0.75%)
MODERN MILLS
43.10
0.30 0.70%


Popular Links

Quick Links

Join Us

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