Tadawul trading screen
SNB Capital issued Q3 2024 earnings forecasts forTadawul-listed banks and firms under its coverage, including Saudi Basic Industries Corp. (SABIC),Al Rajhi Bankand Saudi Electricity Co. (SEC).
Below is the list of SNB Capital’s third-quarter estimates for banks and firms under its coverage:
SNB Capital’s Forecasts for Q3 2024 Earnings (SAR mln)
Company
Q3 2024 (Projected)
YoY Change
Petrochemicals Energy
SABIC
1623
—
SIIG
61.3
(72%)
Yansab
199
—
Advanced
42.2
(7%)
Tasnee
55.7
(29%)
Sipchem
125
(46%)
SABIC AN
845
(19%)
Saudi Kayan
(342)
—
Arabian Drilling
79.6
(43%)
Luberef
244
(28%)
ADES
195
+ 133 %
Banks
Al Rajhi Bank
4820
+ 16 %
Alinma Bank
1494
+ 13 %
BSF
1202
(3%)
Bank Albilad
679
+ 10 %
Bank AlJazira
315
+ 14 %
Riyad Bank
2146
+ 3 %
SAB
2089
+ 14 %
Telecommunications
stc
3588
(27%)
Mobily
687
+ 31 %
Zain KSA
72.6
(74%)
solutions
411
+ 6 %
Healthcare
Saudi German Health
49.5
(7%)
Mouwasat
155
(1%)
Al Hammadi
58.7
(22%)
Sulaiman Al Habib
578
+ 6 %
Dallah Healthcare
128
+ 29 %
Tourism
SGS
88.2
+ 47 %
CATRION
93.6
+ 1 %
Seera
53.1
+ 121 %
Retail
Leejam Sports
110.0
+19%
eXtra
121.0
+2%
Shaker
19.0
+13 %
Jarir
306.0
+3 %
BinDawood Holding
38.8
+11 %
Al Othaim
64.2
+3 %
Nahdi
204.0
(4%)
Americana*
57.1
(30%)
Aldawaa
82.1
+15 %
Cement
Arabian Cement
41.3
+39%
Yamama Cement
106.0
+160%
Eastern Cement
65.7
+61%
Qassim Cement
109.0
—
Southern Cement
48.6
(9%)
Saudi Cement
90.6
+33%
Yanbu Cement
30.5
+96%
Riyadh Cement
81.8
—
Real Estate
Dar Al Arkan
191.0
+26%
Taiba
91.5
+ 70 %
Food Beverages
Savola
154.0
+ 5 %
First Mills
61.2
+ 13 %
Modern Mills
49.7
+ 10 %
Car Rental
Lumi
35.1
+ 0.3 %
Budget Saudi
91.6
+ 28 %
Theeb
47.1
+ 37 %
SAL
167.0
+ 44 %
Fuel Stations
Aldrees
87.5
+ 30 %
SASCO
14.1
+ 9 %
Others
SEC**
5689
(3%)
Tadawul Group
164
+ 60 %
Saudi Steel Pipe
48.7
+ 95 %
Avalon
8.72
+ 204 %
MBC
80.8
—
*Americana profit in US dollar
**Net profit before Mudarabah gains
Tadawul trading screen
SNB Capital issued Q3 2024 earnings forecasts forTadawul-listed banks and firms under its coverage, including Saudi Basic Industries Corp. (SABIC),Al Rajhi Bankand Saudi Electricity Co. (SEC).
Below is the list of SNB Capital’s third-quarter estimates for banks and firms under its coverage:
SNB Capital’s Forecasts for Q3 2024 Earnings (SAR mln)
Company
Q3 2024 (Projected)
YoY Change
Petrochemicals Energy
SABIC
1623
—
SIIG
61.3
(72%)
Yansab
199
—
Advanced
42.2
(7%)
Tasnee
55.7
(29%)
Sipchem
125
(46%)
SABIC AN
845
(19%)
Saudi Kayan
(342)
—
Arabian Drilling
79.6
(43%)
Luberef
244
(28%)
ADES
195
+ 133 %
Banks
Al Rajhi Bank
4820
+ 16 %
Alinma Bank
1494
+ 13 %
BSF
1202
(3%)
Bank Albilad
679
+ 10 %
Bank AlJazira
315
+ 14 %
Riyad Bank
2146
+ 3 %
SAB
2089
+ 14 %
Telecommunications
stc
3588
(27%)
Mobily
687
+ 31 %
Zain KSA
72.6
(74%)
solutions
411
+ 6 %
Healthcare
Saudi German Health
49.5
(7%)
Mouwasat
155
(1%)
Al Hammadi
58.7
(22%)
Sulaiman Al Habib
578
+ 6 %
Dallah Healthcare
128
+ 29 %
Tourism
SGS
88.2
+ 47 %
CATRION
93.6
+ 1 %
Seera
53.1
+ 121 %
Retail
Leejam Sports
110.0
+19%
eXtra
121.0
+2%
Shaker
19.0
+13 %
Jarir
306.0
+3 %
BinDawood Holding
38.8
+11 %
Al Othaim
64.2
+3 %
Nahdi
204.0
(4%)
Americana*
57.1
(30%)
Aldawaa
82.1
+15 %
Cement
Arabian Cement
41.3
+39%
Yamama Cement
106.0
+160%
Eastern Cement
65.7
+61%
Qassim Cement
109.0
—
Southern Cement
48.6
(9%)
Saudi Cement
90.6
+33%
Yanbu Cement
30.5
+96%
Riyadh Cement
81.8
—
Real Estate
Dar Al Arkan
191.0
+26%
Taiba
91.5
+ 70 %
Food Beverages
Savola
154.0
+ 5 %
First Mills
61.2
+ 13 %
Modern Mills
49.7
+ 10 %
Car Rental
Lumi
35.1
+ 0.3 %
Budget Saudi
91.6
+ 28 %
Theeb
47.1
+ 37 %
SAL
167.0
+ 44 %
Fuel Stations
Aldrees
87.5
+ 30 %
SASCO
14.1
+ 9 %
Others
SEC**
5689
(3%)
Tadawul Group
164
+ 60 %
Saudi Steel Pipe
48.7
+ 95 %
Avalon
8.72
+ 204 %
MBC
80.8
—
*Americana profit in US dollar
**Net profit before Mudarabah gains

