‎Riyad Capital issues Q1 2025 earnings forecasts

‎Riyad Capital issues Q1 2025 earnings forecasts ‎Riyad Capital issues Q1 2025 earnings forecasts

​‎

Riyad Capital issued Q1 2025 earnings forecasts for several banks and companies under its coverage.

Al Rajhi Bank is expected to post a 24% year-on-year (YoY) rise in Q1 2025 net profit to SAR 5.9 billion. On the other hand, Saudi Basic Industries Corp. (SABIC) is seen logging a 47% YoY profit decline during the same period.

The following table shows Riyad Capital’s earnings forecasts for banks and firms in Q1 2025.

Riyad Capital Q1 2025 Profit Estimates (SAR mln)

Company

Q1 2025 (Projected)

Change (YoY)

Petrochemicals

SABIC

130

(47%)

SABIC AN

877

+4%

Tasnee

(25)

Yansab

6

(94%)

Sipchem

34

(81%)

Saudi Kayan

(742)

SIIG

9

(67%)

Banking

Al Rajhi Bank

5897

+34%

Bank Albilad

758

+18%

Alinma Bank

1455

+11%

ANB

1302

+5%

BSF

1127

(2%)

SAB

2281

+12%

SNB

5484

+9%

SAIB

512

+16%

Bank AlJazira

323

+8%

Telecommunications

stc

3666

+12%

Mobily

718

+13%

Zain KSA

149

+124%

Software and Services

solutions

360

+2%

Elm

457

+33%

Healthcare

Sulaiman Al Habib

637

+16%

Mouwasat

180

+5%

Cement

Yamama Cement

120

+4%

Saudi Cement

99

(13%)

Qassim Cement*

83

+12%

Southern Cement

36

(42%)

Yanbu Cement

29

(50%)

Riyadh Cement

79

+13%

Other Sectors

Almarai

711

+3%

Jarir

242

+10%

Budget Saudi

109

+55%

BinDawood Holding

61

+2%

MC4

59

+21%

Riyadh Cables

237

+39%

Burgerizzr

1

(81%)

Nahdi

193

(17%)

Aldawaa

139

+46%

ADES

195

(1%)

Arabian Drilling

89

(39%)

MARAFIQ

44

+3%

Saudi Electricity**

1200

+34%

Maaden

1006

+2%

*Qasssim Cement’s Q1 2024 data does not include Hail Cement’s data for the same period

**Net profit before Mudaraba instruments

Riyad Capital -Q1 2025 earnings forecasts 09/04/2025

 

Riyad Capital issued Q1 2025 earnings forecasts for several banks and companies under its coverage.

Al Rajhi Bank is expected to post a 24% year-on-year (YoY) rise in Q1 2025 net profit to SAR 5.9 billion. On the other hand, Saudi Basic Industries Corp. (SABIC) is seen logging a 47% YoY profit decline during the same period.

The following table shows Riyad Capital’s earnings forecasts for banks and firms in Q1 2025.

Riyad Capital Q1 2025 Profit Estimates (SAR mln)

Company

Q1 2025 (Projected)

Change (YoY)

Petrochemicals

SABIC

130

(47%)

SABIC AN

877

+4%

Tasnee

(25)

Yansab

6

(94%)

Sipchem

34

(81%)

Saudi Kayan

(742)

SIIG

9

(67%)

Banking

Al Rajhi Bank

5897

+34%

Bank Albilad

758

+18%

Alinma Bank

1455

+11%

ANB

1302

+5%

BSF

1127

(2%)

SAB

2281

+12%

SNB

5484

+9%

SAIB

512

+16%

Bank AlJazira

323

+8%

Telecommunications

stc

3666

+12%

Mobily

718

+13%

Zain KSA

149

+124%

Software and Services

solutions

360

+2%

Elm

457

+33%

Healthcare

Sulaiman Al Habib

637

+16%

Mouwasat

180

+5%

Cement

Yamama Cement

120

+4%

Saudi Cement

99

(13%)

Qassim Cement*

83

+12%

Southern Cement

36

(42%)

Yanbu Cement

29

(50%)

Riyadh Cement

79

+13%

Other Sectors

Almarai

711

+3%

Jarir

242

+10%

Budget Saudi

109

+55%

BinDawood Holding

61

+2%

MC4

59

+21%

Riyadh Cables

237

+39%

Burgerizzr

1

(81%)

Nahdi

193

(17%)

Aldawaa

139

+46%

ADES

195

(1%)

Arabian Drilling

89

(39%)

MARAFIQ

44

+3%

Saudi Electricity**

1200

+34%

Maaden

1006

+2%

*Qasssim Cement’s Q1 2024 data does not include Hail Cement’s data for the same period

**Net profit before Mudaraba instruments

Riyad Capital -Q1 2025 earnings forecasts 09/04/2025

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement