‎SICO Bank issues Q3 2024 forecasts for Saudi banks, firms

‎SICO Bank issues Q3 2024 forecasts for Saudi banks, firms ‎SICO Bank issues Q3 2024 forecasts for Saudi banks, firms

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SICO Bank published its Q32024 forecasts for someTadawul-listed banks and firms under its coverage.

Below is a list of SICO Bank’s Q3 2024 estimates forthebanks and firms under its coverage:

SICO Bank’sQ3 2024Forecasts (SAR mln)

Company

Q3 2024 Estimates

(SAR mln)

YoY Change

Banks

Al Rajhi Bank

4,803

+16%

AlinmaBank

1,439

+9%

ANB

1,239

+15%

BSF

1,183

(5%)

RiyadBank

2,147

+3%

SAB

2,007

+10%

SNB

5,025

+0.3%

Telecommunications Sector

solutions

409

+6%

Mobily

685

+31%

stc

3679

(25%)

Elm

445

+33%

CementSector

Arabian Cement

51.4

+73%

CityCement

48.3

EasternCement

58.4

+43%

QassimCement

105.0

SaudiCement

99.7

+46%

SouthernCement

34.3

(36%)

TabukCement

22.2

Umm Al Qura Cement

17.9

YamamaCement

118.0

YanbuCement

42.7

Basic Materials Sector

Advanced

18.4

(59%)

Alujain

24.2

+52%

SABIC Agri-Nutrients

929.0

(11%)

Yansab

133.0

Foods and Retail Sector

Almarai

607.0

+25%

BinDawood Holding

36.9

+6%

Jarir

297.0

+0.2%

Leejam Sports

111.0

+20%

Al Othaim

68.5

+10%

Insurance Sector

Bupa Arabia

326.0

+18%

Tawuniya

213.0

+3%

Healthcare Sector

Sulaiman Al Habib

571.0

+5%

Mouwasat

162.0

+4%

Other Sectors

SAL

169.0

+46%

SGS

90.4

+51%

 

SICO Bank published its Q32024 forecasts for someTadawul-listed banks and firms under its coverage.

Below is a list of SICO Bank’s Q3 2024 estimates forthebanks and firms under its coverage:

SICO Bank’sQ3 2024Forecasts (SAR mln)

Company

Q3 2024 Estimates

(SAR mln)

YoY Change

Banks

Al Rajhi Bank

4,803

+16%

AlinmaBank

1,439

+9%

ANB

1,239

+15%

BSF

1,183

(5%)

RiyadBank

2,147

+3%

SAB

2,007

+10%

SNB

5,025

+0.3%

Telecommunications Sector

solutions

409

+6%

Mobily

685

+31%

stc

3679

(25%)

Elm

445

+33%

CementSector

Arabian Cement

51.4

+73%

CityCement

48.3

EasternCement

58.4

+43%

QassimCement

105.0

SaudiCement

99.7

+46%

SouthernCement

34.3

(36%)

TabukCement

22.2

Umm Al Qura Cement

17.9

YamamaCement

118.0

YanbuCement

42.7

Basic Materials Sector

Advanced

18.4

(59%)

Alujain

24.2

+52%

SABIC Agri-Nutrients

929.0

(11%)

Yansab

133.0

Foods and Retail Sector

Almarai

607.0

+25%

BinDawood Holding

36.9

+6%

Jarir

297.0

+0.2%

Leejam Sports

111.0

+20%

Al Othaim

68.5

+10%

Insurance Sector

Bupa Arabia

326.0

+18%

Tawuniya

213.0

+3%

Healthcare Sector

Sulaiman Al Habib

571.0

+5%

Mouwasat

162.0

+4%

Other Sectors

SAL

169.0

+46%

SGS

90.4

+51%

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