Tadawul trading screen
United Securities Co. issued Q1 2025 earnings forecasts for a number of Saudi banks and companies under its coverage. 
Al Rajhi Bank’s net profit is expected to rise by 6% year-on-year (YoY) to SAR 4.7 billion in the three-month period. Meanwhile, Saudi Arabian Oil Co. (Saudi Aramco) is seen to post a profit of SAR 94 billion.
Q1 2025 Earnings Forecast (SAR mln)
Company
Q1 2025 (Projected)
Change YoY
Banking
Al Rajhi Bank
4688
+6%
SNB
5371
+7%
Riyad Bank
2196
+6%
Alinma Bank
1409
+7%
SAB
1858
(9%)
ANB
1257
+2%
Transport Logistics
Lumi
47
+5%
Budget Saudi
76
+8%
Theeb
38
(6%)
SAL
198
(5%)
Cement
Saudi Cement
86
(24%)
Yamama Cement
116
+1%
Yanbu Cement
35
(40%)
Najran Cement
15
(30%)
Riyadh Cement
69
(2%)
Arabian Cement
40
(26%)
City Cement
40
(4%)
Information Technology
solutions
346
(2%)
Fuel Retail
Aldrees
86
+11%
Food Retail
Americana**
46
+64%
Herfy
2
+344%
NADEC
107
+6%
Almarai
726
+5%
Pharma
Jamjoom Pharma
119
+16%
Astra Industrial
163
+9%
Telecoms
stc
3590
+9%
Etihad Etisalat
655
+3%
Zain KSA
76
+14%
Healthcare
Saudi German Health
52
—
Care
64
(21%)
Al Hammadi
63
(2%)
Mouwasat
176
+3%
Sulaiman Al Habib
508
(8%)
Other Sectors
Saudi Aramco
94*
(9%)
Aldawaa
108
+13%
Nahdi
244
+5%
CATRION
76
+7%
SGS
78
+10%
ADES
205
+4%
Jahez
52
+318%
*billion
**USD mln
United Securities -Q1 2025 earnings forecasts (6/4/2025)
Tadawul trading screen
United Securities Co. issued Q1 2025 earnings forecasts for a number of Saudi banks and companies under its coverage.
Al Rajhi Bank’s net profit is expected to rise by 6% year-on-year (YoY) to SAR 4.7 billion in the three-month period. Meanwhile, Saudi Arabian Oil Co. (Saudi Aramco) is seen to post a profit of SAR 94 billion.
Q1 2025 Earnings Forecast (SAR mln)
Company
Q1 2025 (Projected)
Change YoY
Banking
Al Rajhi Bank
4688
+6%
SNB
5371
+7%
Riyad Bank
2196
+6%
Alinma Bank
1409
+7%
SAB
1858
(9%)
ANB
1257
+2%
Transport Logistics
Lumi
47
+5%
Budget Saudi
76
+8%
Theeb
38
(6%)
SAL
198
(5%)
Cement
Saudi Cement
86
(24%)
Yamama Cement
116
+1%
Yanbu Cement
35
(40%)
Najran Cement
15
(30%)
Riyadh Cement
69
(2%)
Arabian Cement
40
(26%)
City Cement
40
(4%)
Information Technology
solutions
346
(2%)
Fuel Retail
Aldrees
86
+11%
Food Retail
Americana**
46
+64%
Herfy
2
+344%
NADEC
107
+6%
Almarai
726
+5%
Pharma
Jamjoom Pharma
119
+16%
Astra Industrial
163
+9%
Telecoms
stc
3590
+9%
Etihad Etisalat
655
+3%
Zain KSA
76
+14%
Healthcare
Saudi German Health
52
—
Care
64
(21%)
Al Hammadi
63
(2%)
Mouwasat
176
+3%
Sulaiman Al Habib
508
(8%)
Other Sectors
Saudi Aramco
94*
(9%)
Aldawaa
108
+13%
Nahdi
244
+5%
CATRION
76
+7%
SGS
78
+10%
ADES
205
+4%
Jahez
52
+318%
*billion
**USD mln
