Tadawul trading screen
United Securities has 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
Banking
Al Rajhi Bank
4440
+7%
SNB
5028
+0.4%
Riyad Bank
2153
+3%
Alinma Bank
1557
+18%
SAB
1892
+3%
Transport Logistics
Lumi
37
+6%
Budget Saudi
77
+8%
Theeb
41
+19%
SAL
165
+42%
Cement
Saudi Cement
108
+58%
Yamama Cement
113
+177%
Southern Cement
43
(19%)
Yanbu Cement
46
+196%
Najran Cement
21
+50%
Riyadh Cement
64
—
Arabian Cement
49
+65%
Eastern Cement
63
+54%
City Cement
44
+895%
IT
MIS
33
—
solutions
334
(14%)
Fuel Retail
Aldrees
87
+29%
Food Retail
Americana*
57
(31%)
Herfy
8
(28%)
NADEC
117
+55%
Pharmaceuticals
Jamjoom Pharma
100
+29%
SPIMACO
33
—
Astra Industrial
115
+11%
Telecoms
stc
3337
(32%)
Etihad Etisalat
593
+13%
Zain KSA
97
(66%)
Healthcare
Saudi German Health
62
+16%
Care
78
+6%
Al Hammadi
84
+12%
Mouwasat
184
+18%
Sulaiman Al Habib
557
+2%
Other Sectors
Aldawaa
88
+23%
CATRION
81
(12%)
Saudi Ground Services
85
+42%
ADES
211
+151%
Al-Arabia
57
(9%)
Nahdi
194
(9%)
Tadawul trading screen
United Securities has 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
Banking
Al Rajhi Bank
4440
+7%
SNB
5028
+0.4%
Riyad Bank
2153
+3%
Alinma Bank
1557
+18%
SAB
1892
+3%
Transport Logistics
Lumi
37
+6%
Budget Saudi
77
+8%
Theeb
41
+19%
SAL
165
+42%
Cement
Saudi Cement
108
+58%
Yamama Cement
113
+177%
Southern Cement
43
(19%)
Yanbu Cement
46
+196%
Najran Cement
21
+50%
Riyadh Cement
64
—
Arabian Cement
49
+65%
Eastern Cement
63
+54%
City Cement
44
+895%
IT
MIS
33
—
solutions
334
(14%)
Fuel Retail
Aldrees
87
+29%
Food Retail
Americana*
57
(31%)
Herfy
8
(28%)
NADEC
117
+55%
Pharmaceuticals
Jamjoom Pharma
100
+29%
SPIMACO
33
—
Astra Industrial
115
+11%
Telecoms
stc
3337
(32%)
Etihad Etisalat
593
+13%
Zain KSA
97
(66%)
Healthcare
Saudi German Health
62
+16%
Care
78
+6%
Al Hammadi
84
+12%
Mouwasat
184
+18%
Sulaiman Al Habib
557
+2%
Other Sectors
Aldawaa
88
+23%
CATRION
81
(12%)
Saudi Ground Services
85
+42%
ADES
211
+151%
Al-Arabia
57
(9%)
Nahdi
194
(9%)
