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.

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Quotes

STC
42.30
0.15 0.36%
ETIHAD ETISALAT
52.30
0.20 0.38%
SAUDI ELECTRICITY
16.84
(0.20) (1.17%)
ALRAJHI
93.80
1.10 1.19%
ALBILAD
38.00
0.50 1.33%
BJAZ
16.84
(0.02) (0.12%)
BSF
32.40
0.50 1.57%
ACC
26.45
0.00 0.00%
EPCCO
33.85
1.10 3.36%
QACCO
54.00
0.50 0.93%
SAUDI CEMENT
41.20
0.30 0.73%
SPCC
34.05
0.40 1.19%
YC
32.15
0.85 2.72%
YCC
24.10
0.16 0.67%
ALMARAI
55.20
(0.90) (1.60%)
TASNEE
10.92
0.00 0.00%
SABIC
72.00
(0.30) (0.41%)
SABIC AGRI-NUTRIENTS
115.80
(0.60) (0.52%)
SAVOLA GROUP
25.60
(0.15) (0.58%)
SIIG
17.98
0.00 0.00%
YANSAB
40.10
0.20 0.50%
JARIR
13.66
0.34 2.55%
TAIBA
41.80
(1.20) (2.79%)
SIPCHEM
26.45
0.10 0.38%
SAUDI KAYAN
7.75
(0.02) (0.26%)
ALINMA
28.30
(0.10) (0.35%)
SEERA
22.80
(0.40) (1.72%)
A.OTHAIM MARKET
11.28
0.04 0.36%
CENOMI RETAIL
12.86
0.06 0.47%
DAR ALARKAN
16.90
0.00 0.00%
Petrochem
45.45
(0.60) (1.30%)
ADVANCED
36.05
0.15 0.42%
ZAIN KSA
10.48
(0.10) (0.95%)
MOUWASAT
93.70
(0.10) (0.11%)
SSP
69.80
(0.40) (0.57%)
SHAKER
24.50
(0.48) (1.92%)
CATRION
126.60
0.40 0.32%
EXTRA
102.20
0.20 0.20%
SGS
50.90
(0.30) (0.59%)
ALHAMMADI
40.00
(0.40) (0.99%)
SULAIMAN ALHABIB
282.00
(1.40) (0.49%)
SAUDI GERMAN HEALTH
70.70
(1.30) (1.81%)
Leejam Sports
181.00
(5.60) (3.00%)
BINDAWOOD
6.96
(0.05) (0.71%)


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