SICO Bank issues Q3 2024 forecasts for Saudi banks, firms

03/10/2024 Argaam


SICO Bank published its Q3 2024 forecasts for some Tadawul-listed banks and firms under its coverage.

 

Below is a list of SICO Bank’s Q3 2024 estimates for the banks and firms under its coverage:

 

SICO Bank’s Q3 2024 Forecasts (SAR mln)

Company

Q3 2024 Estimates

(SAR mln)

YoY Change

Banks

Al Rajhi Bank

4,803

+16%

Alinma Bank

1,439

+9%

ANB

1,239

+15%

BSF

1,183

(5%)

Riyad Bank

2,147

+3%

SAB

2,007

+10%

SNB

5,025

+0.3%

Telecommunications Sector

solutions

409

+6%

Mobily

685

+31%

stc

3679

(25%)

Elm

445

+33%

Cement Sector

Arabian Cement

51.4

+73%

City Cement

48.3

--

Eastern Cement

58.4

+43%

Qassim Cement

105.0

--

Saudi Cement

99.7

+46%

Southern Cement

34.3

(36%)

Tabuk Cement

22.2

--

Umm Al Qura Cement

17.9

--

Yamama Cement

118.0

--

Yanbu Cement

42.7

--

Basic Materials Sector

Advanced

18.4

(59%)

Alujain

24.2

+52%

SABIC Agri-Nutrients

929.0

(11%)

Yansab

133.0

--

Foods and Retail Sector

Almarai

607.0

+25%

BinDawood Holding

36.9

+6%

Jarir

297.0

+0.2%

Leejam Sports

111.0

+20%

Al Othaim

68.5

+10%

Insurance Sector

Bupa Arabia

326.0

+18%

 

Tawuniya

213.0

+3%

Healthcare Sector

Sulaiman Al Habib

571.0

+5%

Mouwasat

162.0

+4%

Other Sectors

SAL

169.0

+46%

SGS

90.4

+51%

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.