Riyad Capital issues Q3 2021 earnings forecasts for Saudi companies, banks
Tadawul trading screen
Riyad Capital issued Q3 2021 earnings forecasts for a number of Saudi-listed companies and banks under its coverage, including Saudi Basic Industries Corp. (SABIC) and Al Rajhi Bank.
SABIC is forecast to post net profit of nearly SAR 6.7 billion in Q3 2021, while Al Rajhi Bank’s earnings are expected to rise 55% year-on-year (YoY) to SAR 4.1 billion in the same period.
Earnings Forecasts for Q3 2021 (SAR mln) |
||
Company |
Q3 2021 |
Change % (YoY) |
Banks |
||
Banque Saudi Fransi |
852 |
+156% |
SABB |
1106 |
+4% |
ANB |
517 |
(23%) |
Al Rajhi Bank |
4114 |
+55% |
Bank Albilad |
470 |
+23% |
Alinma Bank |
760 |
+21% |
SNB* |
3786 |
(14%) |
Petrochemicals |
||
Petrochem |
443 |
+279% |
SABIC |
6665 |
+512% |
SABIC Agri-Nutrients |
1162 |
+192% |
Tasnee |
329 |
-- |
Yansab |
513 |
+162% |
Sipchem |
871 |
-- |
Advanced |
213 |
+36% |
Saudi Kayan |
678 |
-- |
Telecoms |
||
stc |
2853 |
+3% |
Mobily |
258 |
+16% |
Zain KSA |
39 |
(36%) |
Cement |
||
Yamama Cement |
70 |
(10%) |
Saudi Cement |
84 |
(22%) |
Qassim Cement |
92 |
(16%) |
Southern Cement |
99 |
(34%) |
Yanbu Cement |
45 |
(45%) |
Other Sectors |
||
Almarai |
536 |
(14%) |
Jarir |
318 |
+25% |
Saudi Electricity |
7519 |
+247% |
Dr. Sulaiman Al Habib |
338 |
+13% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}