SNB Capital sets Q3 2024 earnings estimates
Tadawul trading screen
SNB Capital issued Q3 2024 earnings forecasts for Tadawul-listed banks and firms under its coverage, including Saudi Basic Industries Corp. (SABIC), Al Rajhi Bank and Saudi Electricity Co. (SEC).
Below is the list of SNB Capital’s third-quarter estimates for banks and firms under its coverage:
|
SNB Capital's Forecasts for Q3 2024 Earnings (SAR mln) |
||
|
Company |
Q3 2024 (Projected) |
YoY Change |
|
Petrochemicals & Energy |
||
|
SABIC |
1623 |
-- |
|
SIIG |
61.3 |
(72%) |
|
Yansab |
199 |
-- |
|
Advanced |
42.2 |
(7%) |
|
Tasnee |
55.7 |
(29%) |
|
Sipchem |
125 |
(46%) |
|
SABIC AN |
845 |
(19%) |
|
Saudi Kayan |
(342) |
-- |
|
Arabian Drilling |
79.6 |
(43%) |
|
Luberef |
244 |
(28%) |
|
ADES |
195 |
+ 133 % |
|
Banks |
||
|
Al Rajhi Bank |
4820 |
+ 16 % |
|
Alinma Bank |
1494 |
+ 13 % |
|
BSF |
1202 |
(3%) |
|
Bank Albilad |
679 |
+ 10 % |
|
Bank AlJazira |
315 |
+ 14 % |
|
Riyad Bank |
2146 |
+ 3 % |
|
SAB |
2089 |
+ 14 % |
|
Telecommunications |
||
|
stc |
3588 |
(27%) |
|
Mobily |
687 |
+ 31 % |
|
Zain KSA |
72.6 |
(74%) |
|
solutions |
411 |
+ 6 % |
|
Healthcare |
||
|
Saudi German Health |
49.5 |
(7%) |
|
Mouwasat |
155 |
(1%) |
|
Al Hammadi |
58.7 |
(22%) |
|
Sulaiman Al Habib |
578 |
+ 6 % |
|
Dallah Healthcare |
128 |
+ 29 % |
|
Tourism |
||
|
SGS |
88.2 |
+ 47 % |
|
CATRION |
93.6 |
+ 1 % |
|
Seera |
53.1 |
+ 121 % |
|
Retail |
||
|
Leejam Sports |
110.0 |
+ 19 % |
|
eXtra |
121.0 |
+ 2 % |
|
Shaker |
19.0 |
+ 13 % |
|
Jarir |
306.0 |
+ 3 % |
|
BinDawood Holding |
38.8 |
+ 11 % |
|
Al Othaim |
64.2 |
+ 3 % |
|
Nahdi |
204.0 |
(4%) |
|
Americana* |
57.1 |
(30%) |
|
Aldawaa |
82.1 |
+ 15 % |
|
Cement |
||
|
Arabian Cement |
41.3 |
+ 39 % |
|
Yamama Cement |
106.0 |
+ 160 % |
|
Eastern Cement |
65.7 |
+ 61 % |
|
Qassim Cement |
109.0 |
-- |
|
Southern Cement |
48.6 |
(9%) |
|
Saudi Cement |
90.6 |
+ 33 % |
|
Yanbu Cement |
30.5 |
+ 96 % |
|
Riyadh Cement |
81.8 |
-- |
|
Real Estate |
||
|
Dar Al Arkan |
191.0 |
+ 26 % |
|
Taiba |
91.5 |
+ 70 % |
|
Food & Beverages |
||
|
Savola |
154.0 |
+ 5 % |
|
First Mills |
61.2 |
+ 13 % |
|
Modern Mills |
49.7 |
+ 10 % |
|
Car Rental |
||
|
Lumi |
35.1 |
+ 0.3 % |
|
Budget Saudi |
91.6 |
+ 28 % |
|
Theeb |
47.1 |
+ 37 % |
|
SAL |
167.0 |
+ 44 % |
|
Fuel Stations |
||
|
Aldrees |
87.5 |
+ 30 % |
|
SASCO |
14.1 |
+ 9 % |
|
Others |
||
|
SEC** |
5689 |
(3%) |
|
Tadawul Group |
164 |
+ 60 % |
|
Saudi Steel Pipe |
48.7 |
+ 95 % |
|
Avalon |
8.72 |
+ 204 % |
|
MBC |
80.8 |
-- |
*Americana profit in US dollar
**Net profit before Mudarabah gains