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
YoYChange
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
—
SaudiKayan
(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)
—
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
YoYChange
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
—
SaudiKayan
(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)
—
