Al Rajhi Capital issues Q3 2024 earnings forecasts for listed companies

03/10/2024 Argaam
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Al Rajhi Capital issued Q3 2024 earnings forecasts for 13 Saudi-listed companies, under its coverage, within retail, agriculture and food industries.

 

The following is Al Rajhi Capital’s estimates for a number of companies:

 

Al Rajhi Capital Q3 2024 Earnings Forecasts (SAR mln)

Company

Q3 2024 (Expected)

YoY Change

Food & Agriculture

Almarai

576

+19%

SADAFCO

134

+18%

Savola

233

+59%

NADEC​

108

+44%

Tanmiah​

22

+29%

Almunajem

63

+3%

First Mills

59

+9%

Modern Mills

50

+11%

Retail

Jarir

314

+6%

Cenomi Retail

(94)

--

Al Othaim

74

+19%

eXtra

114

(3%)

BinDawood Holding

36

+3%

 

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