GIB Capital has issued its Q4 2024 estimates for several Saudi companies and banks under its coverage.
GIB Capital’s Q4 Earnings Estimates (SAR mln)
Company
Q4 2024 Estimates
Change YoY
Petrochemicals
Advanced
25
+9%
Alujain
16
—
Sipchem
101
(36%)
Kayan
(347)
—
Energy
Arabian Drilling
82
(55%)
ADES Holding*
204
+21%
Materials
Luberef
212
(21%)
AMAK
50
+742%
Public Utilities
MARAFIQ
38
(47%)
Miahona
18
+41%
Banks Financial Services
Saudi National Bank**
5373
+8%
United International Holding
62
+12%
Tadawul Group
105
+14%
Retail
Jarir
268
(2%)
SASCO
11
(83%)
Food
Tanmiah
23
(13%)
First Mills
62
+8%
Modern Mills
54
+6%
Arabian Mills
56
(7%)
Consumer Services
Americana
165
+34%
Alamar Foods*
14
+49%
Leejam Sports
114
(12%)
Transportation
Theeb
47
+32%
Budget Saudi
84
+27%
Lumi
41
+60%
SAL
162
(10%)
Other Sectors
Riyadh Cables*
242
+81%
Astra Industrial
179
+33%
Elm
511
+56%
Al Akaria
90
(43%)
Retal
93
+65%
Al Mawarid
31
+46%
SMASCO
33
(26%)
Al Arabia
43
(46%)
Jamjoom Pharma
57
+28%
Avalon Pharma
50
+10%
Nomu – Parallel Market
Gas
39
+63%
Azm****
9
+63%
*Net profit before minority interest
** Total operating profit
****For Q2 FY 2025
GIB Capital has issued its Q4 2024 estimates for several Saudi companies and banks under its coverage.
GIB Capital’s Q4 Earnings Estimates (SAR mln)
Company
Q4 2024 Estimates
Change YoY
Petrochemicals
Advanced
25
+9%
Alujain
16
—
Sipchem
101
(36%)
Kayan
(347)
—
Energy
Arabian Drilling
82
(55%)
ADES Holding*
204
+21%
Materials
Luberef
212
(21%)
AMAK
50
+742%
Public Utilities
MARAFIQ
38
(47%)
Miahona
18
+41%
Banks Financial Services
Saudi National Bank**
5373
+8%
United International Holding
62
+12%
Tadawul Group
105
+14%
Retail
Jarir
268
(2%)
SASCO
11
(83%)
Food
Tanmiah
23
(13%)
First Mills
62
+8%
Modern Mills
54
+6%
Arabian Mills
56
(7%)
Consumer Services
Americana
165
+34%
Alamar Foods*
14
+49%
Leejam Sports
114
(12%)
Transportation
Theeb
47
+32%
Budget Saudi
84
+27%
Lumi
41
+60%
SAL
162
(10%)
Other Sectors
Riyadh Cables*
242
+81%
Astra Industrial
179
+33%
Elm
511
+56%
Al Akaria
90
(43%)
Retal
93
+65%
Al Mawarid
31
+46%
SMASCO
33
(26%)
Al Arabia
43
(46%)
Jamjoom Pharma
57
+28%
Avalon Pharma
50
+10%
Nomu – Parallel Market
Gas
39
+63%
Azm****
9
+63%
*Net profit before minority interest
** Total operating profit
****For Q2 FY 2025
