Tadawul trading screen
AlJazira Capital published its Q3 2023 profit estimates for Tadawul-listed banks and firms under coverage, with Al Rajhi Bank leading the list.
Al Rajhi Bank’s earnings are forecast to retreat 5% year-on-year (YoY) to SAR 4.16 billion in Q3 2023.
Giant petrochemical producer, SABIC is likely to report a profit drop to SAR 708 million.
The below table illustrates AlJazira Capital’s Q3 2023 estimates for a number of banks and firms under coverage:
Q3 2023 Forecasts (SAR mln) |
||
Company |
Q3 2023 Estimates |
YoY Change |
Banking Sector |
||
Al Rajhi Bank |
4158 |
(5%) |
Alinma Bank |
1280 |
+29% |
Bank Albilad |
597 |
+10% |
Telecommunication Sector |
||
stc |
4089 |
+16% |
Mobily |
492 |
+32% |
Zain KSA |
113 |
+33% |
Materials Sector |
||
SABIC |
708 |
(61%) |
Tasnee |
107.2 |
+526% |
Yansab |
(70.9) |
-- |
SABIC Agri-Nutrients |
983.1 |
(58%) |
Sipchem |
357.9 |
(54%) |
Advanced |
58.6 |
+117% |
Saudi Kayan |
(331) |
-- |
Alujain |
21.2 |
+13% |
Maaden |
331.2 |
(84%) |
Yamama Cement |
67.1 |
(34%) |
Saudi Cement |
57.2 |
(29%) |
Southern Cement |
35.8 |
(60%) |
Qassim Cement |
40.7 |
+74% |
Arabian Cement |
44.7 |
(24%) |
Yanbu Cement |
37.4 |
(46%) |
City Cement |
19.6 |
(22%) |
Eastern Cement |
47.0 |
+27% |
Healthcare Sector |
||
Al Hammadi |
62.1 |
+9% |
Mouwasat |
148.1 |
+21% |
Care |
48.5 |
+14% |
Dallah Healthcare |
65.5 |
+49% |
Sulaiman Al-Habib |
494.6 |
+18% |
Saudi German Health |
43.3 |
+290% |
Retailing |
||
Jarir |
257.0 |
(6%) |
Cenomi Retail |
20.3 |
(8%) |
SACO |
(14.6) |
-- |
eXtra |
90.2 |
(4%) |
Consumer Services Sector |
||
Seera |
67.5 |
+26% |
Leejam |
74.1 |
+9% |
Other Sectors |
||
Budget Saudi |
72.2 |
+13% |
Theeb |
45.0 |
(16%) |
Lumi |
55.1 |
+81% |
SGS |
53.7 |
-- |
Saudi Catering |
77.5 |
+9% |
Al Mawarid |
23.7 |
+25% |
Al Othaim |
59.2 |
(92%) |
BinDawood Holding |
50.8 |
-- |
2P |
35.6 |
+10% |
Alkhorayef Water |
40.3 |
+43% |
Al Arabia |
45.0 |
+37% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}