‎AlJazira Capital issues Q2 2026 earnings forecasts

AlJazira Capital issued Q2 2026 earnings forecasts for a number of Saudi banks and companies under its coverage.

It expects Al Rajhi Bank to report a 11% rise year-on-year (YoY) in its net profit to SAR 6.83 billion in the three-month period. It also forecasts Saudi Basic Industries Corporation (SABIC) to swing to a profit of SAR 65.1 million in Q2 2026, from losses in the same period a year earlier.

AlJazira Capital’s Q2 2026 Earnings Forecasts (SAR mln)

Company

Q2 2026 (projected)

YoY Change

Energy

Arabian Drilling

(72.4)

—

ADES

117.1

(38%)

Banking

Al Rajhi Bank

6830.1

11%

Alinma Bank

1697.9

8%

Bank Albilad

785.5

3%

Telecoms

stc

3787.0

(1%)

Mobily

894.1

8%

Zain

137.5

8%

Basic Materials

SABIC

65.1

—

Tasnee

(164.3)

—

Yansab

167.4

276%

SABIC AN

1288.0

22 %

Sipchem

(204.3)

—

Advanced

(11.4)

—

Kayan

(491.0)

—

Alujain

28.4

129.0%

Maaden

1451.5

(25%)

Cement

Yamama Cement

110.2

(9%)

Saudi Cement

102.7

8%

Southern Cement

(3.0)

(120%)

Qassim Cement

66.1

8%

Arabian Cement

47.8

133%

Yanbu Cement

22.5

4%

City Cement

24.7

(32%)

Eastern Cement

71.6

+13%

Riyadh Cement

53.4

(7%)

Healthcare

Al Hammadi

59.4

(4%)

Mouwasat

204.1

9%

Care

66.8

(17%)

Dallah

126.5

2%

Sulaiman Al Habib

630.2

7%

Saudi German Health

40.2

(37%)

Almoosa

42.0

(19%)

Fakeeh Care

49.6

(40%)

Consumer Staples Retailing

Al Othaim

32.7

(21%)

BinDawood Holding

53.5

3%

Almunajem

42.5

+37%

Retailing

Jarir

211.3

+7%

SACO

3.5

(32%)

eXtra

115.4

+8%

Americana

304.7

+36%

Consumer Services

Seera

65.6

—

Leejam

43.8

(40%)

Food Beverages

Modern Mills

52.4

5%

Tanmiah

9.1

—

Transport

Budget Saudi

64.8

(24%)

Theeb

35.9

(25%)

Lumi

37.0

(32%)

SAL

171.7

+6%

flynas

(303.7)

—

SGS

40.6

(59%)

Commercial Professional Services

CATRION

63.0

(4%)

Al Mawarid

49.4

53%

Software Services

Elm

618.8

5%

solutions

448.7

1%

2P

35.2

1%

Utilities Capital Goods

Alkhorayef Water

62.2

1%

Riyadh Cables

278.6

(1%)

Astra

133.6

(24%)

Other Sectors

Almajed Oud

18.3

(25%)

Saudi Tadawul Group

72.4

(25%)

Tasheel

62.7

+5%

Jamjoom Pharma

138.4

+5%

Avalon Pharma

27.9

+12%

AlJazira Capital issued Q2 2026 earnings forecasts for a number of Saudi banks and companies under its coverage.

It expects Al Rajhi Bank to report a 11% rise year-on-year (YoY) in its net profit to SAR 6.83 billion in the three-month period. It also forecasts Saudi Basic Industries Corporation (SABIC) to swing to a profit of SAR 65.1 million in Q2 2026, from losses in the same period a year earlier.

AlJazira Capital’s Q2 2026 Earnings Forecasts (SAR mln)

Company

Q2 2026 (projected)

YoY Change

Energy

Arabian Drilling

(72.4)

—

ADES

117.1

(38%)

Banking

Al Rajhi Bank

6830.1

11%

Alinma Bank

1697.9

8%

Bank Albilad

785.5

3%

Telecoms

stc

3787.0

(1%)

Mobily

894.1

8%

Zain

137.5

8%

Basic Materials

SABIC

65.1

—

Tasnee

(164.3)

—

Yansab

167.4

276%

SABIC AN

1288.0

22 %

Sipchem

(204.3)

—

Advanced

(11.4)

—

Kayan

(491.0)

—

Alujain

28.4

129.0%

Maaden

1451.5

(25%)

Cement

Yamama Cement

110.2

(9%)

Saudi Cement

102.7

8%

Southern Cement

(3.0)

(120%)

Qassim Cement

66.1

8%

Arabian Cement

47.8

133%

Yanbu Cement

22.5

4%

City Cement

24.7

(32%)

Eastern Cement

71.6

+13%

Riyadh Cement

53.4

(7%)

Healthcare

Al Hammadi

59.4

(4%)

Mouwasat

204.1

9%

Care

66.8

(17%)

Dallah

126.5

2%

Sulaiman Al Habib

630.2

7%

Saudi German Health

40.2

(37%)

Almoosa

42.0

(19%)

Fakeeh Care

49.6

(40%)

Consumer Staples Retailing

Al Othaim

32.7

(21%)

BinDawood Holding

53.5

3%

Almunajem

42.5

+37%

Retailing

Jarir

211.3

+7%

SACO

3.5

(32%)

eXtra

115.4

+8%

Americana

304.7

+36%

Consumer Services

Seera

65.6

—

Leejam

43.8

(40%)

Food Beverages

Modern Mills

52.4

5%

Tanmiah

9.1

—

Transport

Budget Saudi

64.8

(24%)

Theeb

35.9

(25%)

Lumi

37.0

(32%)

SAL

171.7

+6%

flynas

(303.7)

—

SGS

40.6

(59%)

Commercial Professional Services

CATRION

63.0

(4%)

Al Mawarid

49.4

53%

Software Services

Elm

618.8

5%

solutions

448.7

1%

2P

35.2

1%

Utilities Capital Goods

Alkhorayef Water

62.2

1%

Riyadh Cables

278.6

(1%)

Astra

133.6

(24%)

Other Sectors

Almajed Oud

18.3

(25%)

Saudi Tadawul Group

72.4

(25%)

Tasheel

62.7

+5%

Jamjoom Pharma

138.4

+5%

Avalon Pharma

27.9

+12%