Osool & Bakheet previews Q4 2024 earnings estimates

12/01/2025 Argaam Special
Tadawul trading screen

Tadawul trading screen


Osool & Bakheet Investment Co. issued its earnings forecasts for 46 Tadawul-listed banks and companies for the fourth quarter of 2024.

 

Saudi Basic Industries Corp. (SABIC) is expected to post earnings of SAR 692.45 million in Q4 2024. In the banking sector, Al Rajhi Bank is likely to record a 27% annual profit increase to SAR 5.29 billion for the same quarter.

 

Q4 2024 Earnings Forecasts (SAR mln)​

Company

Q4 2024 Forecasts

YoY Change

Banks

Al Rajhi Bank

5294.86

+27%

SNB

5315.67

+7%

Bank AlJazira

315.62

+13%

BSF

1103.52

+33%

SAB

1745.10

(6%)

Bank Albilad

718.46

+18%

Alinma Bank

1598.63

+21%

SAIB

529.23

+18%

ANB

1289.76

+37%

Riyad Bank

2535.70

+30%

Basic Materials

City Cement

35.37

+38%

Umm Al-Qura Cement

11.20

--

Saudi Cement

109.91

+6%

Qassim Cement

78.82

+93%

Southern Cement

54.09

(27%)

Yanbu Cement

38.19

+111%

Eastern Cement

59.71

+20%

Yamama Cement

129.17

+145%

SABIC

692.45

--

Saudi Kayan

(384.47)

--

Sipchem

89.37

(44%)

SABIC AN

802.95

(18%)

Advanced

28.35

+24%

Alujain

21.72

--

Healthcare

Mouwasat

218.46

+19%

Al Hammadi

83.09

+27%

Sulaiman Al Habib

606.48

+16%

Care

71.78

+13%

Dallah

124.35

+9%

Saudi German Health

70.40

+93%

Telecommunications​

stc

3174.98

+40%

Mobily

752.13

+1%

Insurance

Al Rajhi Takaful

118.48

+9%

Tawuniya

148.73

+66%

Bupa Arabia

132.06

+26%

Others

Avalon Pharma

53.34

+17%

Astra

154.94

+15%

Jamjoom Pharma

55.21

+24%

Nahdi

171.42

+1%

Aldawaa

90.40

(2%)

Jarir

276.34

+1%

Al Othaim

307.41

+82%

Budget Saudi

73.94

+12%

Theeb

45.82

+29%

Lumi

38.79

+51%

Herfy

(19.68)

--

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