AlJazira Capital issues Q4 2024 earnings forecasts

08/01/2025 Argaam


AlJazira Capital issued Q4 2024 earnings forecasts for a number of Saudi banks and companies under its coverage.

 

Al Rajhi Bank’s net profit is expected to rise by 25% year-on-year (YoY) to SAR 5.2 billion in the three-month period.

 

Meanwhile, Saudi Arabian Oil Co. (Saudi Aramco) is seen to post a profit of SAR 95.4 billion.

 

Q4 2024 Earnings Forecasts (SAR mln)

Company

Q4 2024

(Projected)

YoY Change

Energy

Saudi Aramco

95407.0

(7%)

Arabian Drilling

91.08

(50%)

ADES

201.8

+21%

Banking

Al Rajhi Bank

5200.3

+25%

Alinma Bank

1643.0

+24%

Bank Albilad

745.8

+23%

Telecoms

stc

3034.0

+33%

Mobily

703.0

(6%)

Zain KSA

51.0

(83%)

Materials

SABIC

783.0

--

Tasnee

77.9

--

Yansab

116.5

+530%

SABIC AN

879.8

(10%)

Sipchem

100.3

(37%)

Advanced

20.2

(12%)

Saudi Kayan

(337.7)

--

Alujain

19.0

--

Maaden

1290.0

+45%

Cement

Yamama Cement

114.2

+116%

Saudi Cement

113.4

+9%

Southern Cement

47.8

(36%)

Qassim Cement

58.2

+42%

Arabian Cement

48.1

+47%

Yanbu Cement

43.2

+139%

City Cement

39.5

+54%

Eastern Cement

67.4

+35%

Riyadh Cement

76.9

+77%

Healthcare

Al Hammadi

74.8

+15%

Mouwasat

235.9

+28%

Care

72.3

+14%

Dallah

131.4

+16%

Sulaiman Al Habib

642.8

+22%

Saudi German Health

63.4

+74%

Fakeeh Care

99.5

+34%

Consumer Staples Retailing

Al Othaim

298.5

+77%

BinDawood Holding

74.7

(37%)

Almunajem

51.8

(37%)

Consumer Discretionary​

Jarir

271.9

(1%)

SACO

(13.8)

--

Americana

140.3

+14%

Consumer Services

Seera

52.7

(52%)

Leejam

134.6

+4%

Other Sectors

Almarai

459.1

+24%

Modern Mills

59.0

+15%

Budget Saudi

78.0

+18%

Theeb

46.0

+30%

Lumi

40.0

+56%

SAL

179.4

(1%)

SGS

77.8

+26%

CATRION

85.1

+22%

Al Mawarid

25.7

+21%

Elm

425.9

+30%

solutions

309.0

+91%

2P

44.9

+16%

Alkhorayef Water

84.6

+185%

Riyadh Cables

223.7

+67%

Almajed Oud

45.4

+35%

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.