Value Capital: What to expect from Q3 earnings report?

06/10/2024 ِArgaam
Tadawul trading screen

Tadawul trading screen


Value Capital issued its Q3 2024 estimates for several Saudi companies and banks under its coverage.

 

Net Profit Estimates for Q3 2024 (SAR mln)

Company

Q3 2024 (Projected)

Change YoY

Petrochemical Industries

SABIC

1,853.81

--

Yansab

105.80

--

Advanced

36.82

(18%)

Banking

Al Rajhi Bank

4735.62

+14%

Alinma Bank

1498.37

+13%

Bank Albilad

669.88

+9%

Bank AlJazira

292.27

+6%

Telecommunications

stc

3,220.45

(34%)

Mobily

646.43

+23%

Cement 

Southern Cement

47.64

(11%)

Yamama Cement

114.38

+180%

Saudi Cement

74.70

+9%

Qassim Cement

78.74

--

Capital Goods

Astra Industrial

123.10

+19%

Riyadh Cables

188.69

+42%

 

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