AlJazira Capital previews Q3 2024 earnings forecasts
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AlJazira Capital issued Q3 2024 earnings forecasts for a number of Saudi banks and companies under its coverage.
It expects Al Rajhi Bank to report a net profit of SAR 4.8 billion in the three-month period, an increase of 16% year-on-year (YoY).
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Q3 2024 Earnings Forecasts (SAR mln) |
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|
Company |
Q3 2024 (Projected) |
YoY Change |
|
|
Energy |
|||
|
Saudi Aramco |
98249.0 |
(20%) |
|
|
Arabian Drilling |
104.0 |
(26%) |
|
|
ADES |
190.0 |
+126% |
|
|
Banking |
|||
|
Al Rajhi Bank |
4818.0 |
+16% |
|
|
Alinma Bank |
1446.0 |
+9% |
|
|
Bank Albilad |
678.0 |
+10% |
|
|
Telecoms |
|||
|
stc |
3590.0 |
(27%) |
|
|
Mobily |
632.0 |
+21% |
|
|
Zain |
75.0 |
(74%) |
|
|
Materials |
|||
|
SABIC |
1450.0 |
-- |
|
|
Tasnee |
45.4 |
(42%) |
|
|
Yansab |
177.5 |
-- |
|
|
SABIC AN |
874.4 |
(17%) |
|
|
Sipchem* |
174.9 |
(25%) |
|
|
Advanced |
29.5 |
(35%) |
|
|
Kayan |
(248.1) |
-- |
|
|
Alujain* |
14.4 |
(10%) |
|
|
Maaden |
1070.7 |
-- |
|
|
Cement |
|||
|
Yamama Cement |
97.5 |
+139% |
|
|
Saudi Cement |
80.7 |
+18% |
|
|
Southern Cement |
44.9 |
(16%) |
|
|
Qassim Cement |
103.0 |
-- |
|
|
Arabian Cement |
30.3 |
+2% |
|
|
Yanbu Cement |
30.0 |
+93% |
|
|
City Cement |
36.1 |
-- |
|
|
Eastern Cement |
60.9 |
+49% |
|
|
Riyadh Cement |
87.3 |
-- |
|
|
Healthcare |
|||
|
Al Hammadi |
63.4 |
(15%) |
|
|
Mouwasat |
163.8 |
+5% |
|
|
Care |
69.7 |
(5%) |
|
|
Dallah |
125.9 |
+27% |
|
|
Sulaiman Al Habib |
577.8 |
+6% |
|
|
Saudi German Health |
52.7 |
(1%) |
|
|
Fakeeh Care |
62.3 |
(22%) |
|
|
Consumer Staples Retailing |
|||
|
Al Othaim |
71.4 |
+14% |
|
|
BinDawood Holding |
38.7 |
+11% |
|
|
Almunajem |
72.7 |
+19% |
|
|
Retailing |
|||
|
Jarir |
306.9 |
+4% |
|
|
SACO |
(4.2) |
-- |
|
|
eXtra |
121.6 |
+3% |
|
|
Americana |
236.8 |
(23%) |
|
|
Consumer Services |
|||
|
Seera |
42.2 |
+76% |
|
|
Leejam Sports |
112.4 |
+22% |
|
|
Other Sectors |
|||
|
Modern Mills |
50.5 |
+11% |
|
|
Budget Saudi |
89.0 |
+24% |
|
|
Theeb |
44.6 |
+30% |
|
|
Lumi |
37.9 |
+8% |
|
|
SAL |
159.9 |
+38% |
|
|
SGS |
81.3 |
+36% |
|
|
CATRION |
81.6 |
(12%) |
|
|
Al Mawarid |
26.6 |
+16% |
|
|
Elm |
454.5 |
+36% |
|
|
solutions |
400.8 |
+4% |
|
|
2P** |
49.2 |
+47% |
|
|
Alkhorayef Water |
91.4 |
+118% |
|
|
Al Arabia |
65.0 |
+3% |
|
|
Riyadh Cables |
169.2 |
+27% |
|
** Includes SAR 7.5 mln in compnesation for seizing properties.