NCB Capital issued its Q4 2020 earnings forecasts for a number of Saudi-listed companies and banks under its coverage, including Saudi Basic Industries Corporation (SABIC), Al Rajhi Bank and stc Group.

 

SABIC is expected to post a profit of around SAR 1.6 billion in Q4 2020, while Al Rajhi Bank is forecast to report a 16% earnings increase year-on-year (YoY) to SAR 2.7 billion in the same period.

 

Meanwhile, stc’s Q4 2020 net profit is seen rising by 9% YoY to SAR 2.52 billion.

 

Q4 2020 Net Profit Forecast (SAR mln)

Company

Q4 2020 (Estimates)

YoY Change

Petrochemicals

SABIC

1,608.0

--

SIIG

141.0

+125%

Yansab

271.0

+59%

Advanced

205.0

+7%

Tasnee

51.0

--

Sipchem

195.0

--

SABIC Agri-Nutrients

303.0

(12%)

Saudi Kayan

66.4

--

Petrochem

174.0

+31%

Telecom

stc

2,519.0

+9%

Mobily

69.0

--

Zain Saudi

274.0

+161%

Food and Agriculture

Savola

216.0

+57%

Almarai

375.0

+20%

Healthcare

Saudi German

38.0

+1%

Mouwasat

151.0

+16%

Al Hammadi

42.0

+52%

Sulaiman Al Habib Group

279.0

+3%

Tourism

SGS

(15.0)

--

Saudi Catering

(69.0)

--

Seera

(152)

--

Retail

Leejam Sports

42.0

(38%)

eXtra

74.0

+3%

Alhokair*

(31)

--

Shaker

(5)

--

Jarir

249.0

(10%)

Al Othaim

120.0

(16%)

BinDawood

122.0

(2%)

Cement

Arabian Cement

86.0

+17%

Yamama Cement

71.0

(9%)

Eastern Cement

53.0

(20%)

Qassim Cement

116.0

(20%)

Southern Cement

155.0

(4%)

Saudi Cement

140.0

(3%)

Yanbu Cement

95.0

+15%

Real Estate

Dar Al-Arkan

8.0

(89%)

Taiba

37.0

+58%

Banking

Al Rajhi

2,681.0

+16%

Alinma

633.0

+25%

BSF

360.0

(30%)

Albilad

402.0

+23%

Aljazira

194.0

(22%)

Others

Saudi Electricity

1,145.0

--

Saudi Steel Pipe

10.2

--

*Q3 as the fiscal year ends in March.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Quotes

STC
40.25
0.15 0.37%
ETIHAD ETISALAT
52.00
(0.30) (0.57%)
SAUDI ELECTRICITY
16.88
0.16 0.96%
ALRAJHI
90.30
0.40 0.44%
ALBILAD
36.85
0.45 1.24%
BJAZ
17.90
0.38 2.17%
BSF
32.90
(0.20) (0.60%)
ACC
26.50
(0.10) (0.38%)
EPCCO
34.70
0.05 0.14%
QACCO
53.10
(0.10) (0.19%)
SAUDI CEMENT
42.40
0.10 0.24%
SPCC
33.60
(0.05) (0.15%)
YC
33.15
(0.85) (2.50%)
YCC
23.54
(0.22) (0.93%)
ALMARAI
57.80
(0.20) (0.34%)
TASNEE
10.18
0.02 0.20%
SABIC
66.70
0.20 0.30%
SABIC AGRI-NUTRIENTS
111.40
3.20 2.96%
SAVOLA GROUP
37.70
0.75 2.03%
SIIG
16.98
0.12 0.71%
YANSAB
36.95
(0.35) (0.94%)
JARIR
12.68
0.02 0.16%
TAIBA
39.05
1.85 4.97%
SIPCHEM
24.02
(0.10) (0.41%)
SAUDI KAYAN
6.88
0.08 1.18%
ALINMA
28.20
0.20 0.71%
SEERA
22.50
(0.22) (0.97%)
A.OTHAIM MARKET
10.78
(0.06) (0.55%)
CENOMI RETAIL
12.04
(0.14) (1.15%)
DAR ALARKAN
14.12
(0.32) (2.22%)
Petrochem
45.45
(0.60) (1.30%)
ADVANCED
32.15
(0.05) (0.16%)
ZAIN KSA
10.20
(0.02) (0.20%)
MOUWASAT
84.30
(3.30) (3.77%)
SSP
66.00
(0.60) (0.90%)
SHAKER
26.70
(1.45) (5.15%)
CATRION
119.60
(1.60) (1.32%)
EXTRA
98.70
0.70 0.71%
SGS
50.00
(0.50) (0.99%)
ALHAMMADI
38.40
(0.60) (1.54%)
SULAIMAN ALHABIB
286.60
(12.00) (4.02%)
SAUDI GERMAN HEALTH
70.10
(0.50) (0.71%)
Leejam Sports
188.00
1.80 0.97%
BINDAWOOD
6.57
(0.01) (0.15%)


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request