Osool & Bakheet previews Q3 2024 earnings estimates
Osool & Bakheet Investment Co. issued its earnings forecasts for 46 Tadawul-listed banks and companies for the third quarter of 2024.
Saudi Basic Industries Corporation (SABIC) is expected to post earnings of SAR 1.26 billion in Q3 2024. In the banking sector, Al Rajhi Bank is record a 19% annual profit increase to SAR 4.9 billion for the same quarter.
|
Q3 2024 Earnings Forecast (SAR mln) |
||
|
Company |
Q3 2024 Forecasts |
YoY Change |
|
Banks |
||
|
Al Rajhi Bank |
4938.16 |
+19% |
|
SNB |
5296.04 |
+6% |
|
Bank AlJazira |
288.89 |
+5% |
|
BSF |
1290.21 |
+4% |
|
SAB |
1923.64 |
+5% |
|
Bank Albilad |
742.52 |
+21% |
|
Alinma Bank |
1513.67 |
+14% |
|
SAIB |
441.13 |
(4%) |
|
ANB |
1264.38 |
+18% |
|
Riyad Bank |
2277.12 |
+ 9% |
|
Basic Materials |
||
|
City Cement |
28.14 |
+537% |
|
Umm Al-Qura Cement |
9.03 |
+523% |
|
Saudi Cement |
86.23 |
+26% |
|
Qassim Cement |
81.31 |
+910% |
|
Southern Cement |
39.27 |
(26%) |
|
Yanbu Cement |
34.78 |
+124% |
|
Eastern Cement |
69.17 |
+69% |
|
Yamama Cement |
76.12 |
+87% |
|
SABIC |
1267.04 |
-- |
|
Saudi Kayan |
(438.09) |
-- |
|
Sipchem |
94.81 |
(59%) |
|
SABIC AN |
904.64 |
(14%) |
|
Advanced |
58.82 |
+30% |
|
Alujain |
19.34 |
+21% |
|
Healthcare |
||
|
Mouwasat |
175.64 |
+12% |
|
Al Hammadi |
73.87 |
(1%) |
|
Sulaiman Al Habib |
591.26 |
+9% |
|
Care |
62.91 |
(14%) |
|
Dallah |
121.33 |
+23% |
|
Saudi German Health |
52.14 |
(2%) |
|
Telecoms |
||
|
stc |
3605.40 |
(26%) |
|
Mobily |
653.69 |
+25% |
|
Insurance |
||
|
Al Rajhi Takaful |
91.37 |
+12% |
|
Tawuniya |
240.27 |
+16% |
|
Bupa Arabia |
346.48 |
+26% |
|
Others |
||
|
Avalon Pharma |
6.52 |
+127% |
|
Astra |
118.11 |
+14% |
|
Jamjoom Pharma |
101.16 |
+31% |
|
Nahdi Medical |
221.76 |
+4% |
|
Aldawaa |
100.69 |
+41% |
|
Jarir |
332.27 |
+12% |
|
Al Othaim |
75.16 |
+20% |
|
Budget Saudi |
85.47 |
+20% |
|
Theeb |
51.93 |
+51% |
|
Lumi |
46.79 |
+34% |
|
Herfy |
8.35 |
(24%) |