Yaqeen Capital issued its Q3 2024 earnings forecasts for a number of Saudi banks and companies under its coverage.
Below is a list of Yaqeen Capital’s estimates for Q3 2024 earnings:
Q3 2024 Earnings Forecasts (SAR mln)
Company
Q3 2024 (Projected)
Change YoY
Banking
Bank Aljazira
334
+21%
Al Rajhi Bank
4758
+15%
Bank Albilad
695
+13%
Alinma Bank
1476
+11%
Telecom
stc
3857
(21%)
Mobily
610
+16%
Etihad Atheeb*
47
(2%)
solutions
367
(5%)
Other Sectors
SABIC
1196
—
Yansab
151
—
ADES Holding
222
+165%
Savola
262
+78%
Alkhorayef Water
52
+24%
ACWA Power
543
+36%
Almarai
616
+27%
Yamama Cement
116
+184%
Saudi Cement
88
+29%
Southern Cement
52
(2%)
Mouwasat
154
(2%)
eXtra
96
(19%)
Care
81
+10%
Al Arabia
73
+16%
Jarir
277
(7%)
Retal
61
+82%
NADEC
106
+41%
Tawuniya
371
+80%
Saudi Re
45
+32%
Bupa Arabia
424
+54%
Maaden
898
—
Seera
55
+129%
*Has a different fiscal year
Yaqeen Capital issued its Q3 2024 earnings forecasts for a number of Saudi banks and companies under its coverage.
Below is a list of Yaqeen Capital’s estimates for Q3 2024 earnings:
Q3 2024 Earnings Forecasts (SAR mln)
Company
Q3 2024 (Projected)
Change YoY
Banking
Bank Aljazira
334
+21%
Al Rajhi Bank
4758
+15%
Bank Albilad
695
+13%
Alinma Bank
1476
+11%
Telecom
stc
3857
(21%)
Mobily
610
+16%
Etihad Atheeb*
47
(2%)
solutions
367
(5%)
Other Sectors
SABIC
1196
—
Yansab
151
—
ADES Holding
222
+165%
Savola
262
+78%
Alkhorayef Water
52
+24%
ACWA Power
543
+36%
Almarai
616
+27%
Yamama Cement
116
+184%
Saudi Cement
88
+29%
Southern Cement
52
(2%)
Mouwasat
154
(2%)
eXtra
96
(19%)
Care
81
+10%
Al Arabia
73
+16%
Jarir
277
(7%)
Retal
61
+82%
NADEC
106
+41%
Tawuniya
371
+80%
Saudi Re
45
+32%
Bupa Arabia
424
+54%
Maaden
898
—
Seera
55
+129%
*Has a different fiscal year
