Yaqeen Capital issues Q2 2024 earnings forecasts

04/07/2024 Argaam

Yaqeen Capital issues Q2 2024 earnings forecasts


Yaqeen Capital issued Q2 2024 earnings forecasts for a number of listed companies and banks under its coverage.

 

Q2 2024 earnings forecasts (SAR mln)

Company

Q2 2024 (expected)

YoY Change

 

Banks

 

Bank AlJazira

322

+24%

Al Rajhi Bank

4648

+12%

Bank Albilad

688

+17%

Alinma Bank

1445

+18%

 

Telecom

 

stc

3,436

+14%

Mobily

688

+38%

GO

58

+21%

solutions

365

+7%

 

Other Sectors

 

SABIC

1005

(15%)

Yansab

107

+290%

ADES

200

+93%

Savola

226

+71%

Alkhorayef Water

53

+49%

ACWA Power

381

(8%)

Almarai

590

+6%

Yamama Cement

73

(26%)

Saudi Cement

98

+15%

Southern Cement

52

+173%

Mouwasat

193

+28%

eXtra

113

+83%

Care

74

+55%

Al Arabia

96

+13%

Jarir

211

+35%

Retal

50

(30%)

NADEC

104

+60%

Tawuniya

200

(19%)

Saudi Re

36

(40%)

Bupa Arabia

304

(18%)

Maaden

736

+110%

Seera

42

(39%)

Sure*

14

(12%)

*Expectations for H2 2024

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