United Securities Co. issued Q2 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 25% year-on-year (YoY) to SAR 5.9 billion in Q2 2025. Meanwhile, Saudi Arabian Oil Co. (Saudi Aramco) is seen to post a net profit of SAR 89 billion during the period.
Q2 2025 Earnings Forecast (SAR mln)
Company
Q2
2025 (Projected)
YoY Change
Banking
Al Rajhi Bank
5,889
+25%
SNB
5,617
+7%
Riyad Bank
2,455
+5%
SAB
2,078
+3%
Alinma Bank
1,586
+12%
ANB
1,215
(1%)
Bank Albilad
721
+7%
Transport Logistics
Budget Saudi
83
+17%
Lumi
50
+9%
Theeb
47
+5%
SAL
150
(4%)
Cement
Yamama Cement
158
+87%
Saudi Cement
107
+23%
Southern Cement
36
+20%
Riyadh Cement
71
+10%
Yanbu Cement
41
+3%
Eastern Cement
62
+2%
City Cement
51
+83%
Arabian Cement
35
+21%
Najran Cement
14
+87%
Information Technology
solutions
362
(20%)
Fuel Retail
Aldrees
97
+18%
Food Retail
Almarai
604
(7%)
Americana (USD mln)
47
(9%)
NADEC
119
+6%
Herfy
(16)
—
Pharmaceutical
Astra
151
(11%)
Jamjoom Pharma
125
+17%
SPIMACO
40
+21%
Telecoms
stc
3,691
+12%
Etihad Etisalat
715
+8%
Zain KSA
105
—
Healthcare
Sulaiman Al Habib
589
+6%
Mouwasat
182
+19%
Care
70
+1%
Al Hammadi
71
(40%)
Saudi German Health
51
(17%)
Other Sectors
Saudi Aramco (SAR bln)
89
(16%)
ADES
210
+6%
Nahdi
196
(21%)
Aldawaa
105
+9%
CATRION
79
+8%
Saudi Ground Services
96
+22%
Jahez
51
+69%
United Securities Co. issued Q2 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 25% year-on-year (YoY) to SAR 5.9 billion in Q2 2025. Meanwhile, Saudi Arabian Oil Co. (Saudi Aramco) is seen to post a net profit of SAR 89 billion during the period.
Q2 2025 Earnings Forecast (SAR mln)
Company
Q2
2025 (Projected)
YoY Change
Banking
Al Rajhi Bank
5,889
+25%
SNB
5,617
+7%
Riyad Bank
2,455
+5%
SAB
2,078
+3%
Alinma Bank
1,586
+12%
ANB
1,215
(1%)
Bank Albilad
721
+7%
Transport Logistics
Budget Saudi
83
+17%
Lumi
50
+9%
Theeb
47
+5%
SAL
150
(4%)
Cement
Yamama Cement
158
+87%
Saudi Cement
107
+23%
Southern Cement
36
+20%
Riyadh Cement
71
+10%
Yanbu Cement
41
+3%
Eastern Cement
62
+2%
City Cement
51
+83%
Arabian Cement
35
+21%
Najran Cement
14
+87%
Information Technology
solutions
362
(20%)
Fuel Retail
Aldrees
97
+18%
Food Retail
Almarai
604
(7%)
Americana (USD mln)
47
(9%)
NADEC
119
+6%
Herfy
(16)
—
Pharmaceutical
Astra
151
(11%)
Jamjoom Pharma
125
+17%
SPIMACO
40
+21%
Telecoms
stc
3,691
+12%
Etihad Etisalat
715
+8%
Zain KSA
105
—
Healthcare
Sulaiman Al Habib
589
+6%
Mouwasat
182
+19%
Care
70
+1%
Al Hammadi
71
(40%)
Saudi German Health
51
(17%)
Other Sectors
Saudi Aramco (SAR bln)
89
(16%)
ADES
210
+6%
Nahdi
196
(21%)
Aldawaa
105
+9%
CATRION
79
+8%
Saudi Ground Services
96
+22%
Jahez
51
+69%
