Al Rajhi Capital issues Q3 earnings estimates

Al Rajhi Capital issued Q3 2023 earnings estimates for several Saudi-listed companies under its coverage.

 

The brokerage expects Saudi Basic Industries Corp. (SABIC) Q3 profit to drop 72% year-on-year (YoY) to SAR 522 million.

 

Telecom major stc’s profit is likely to rise 14% YoY to SAR 4.03 billion.

 

Al Rajhi Capital’s Q3 2023 Forecasts (SAR mln)

Company

Q3 2023

 Estimates

(SAR mln)

Change

(YoY)

Petrochemicals

SABIC

522

(72%)

Sipchem

433

(44%)

SABIC Agri-Nutrients

705

(70%)

Yansab

(97)

--

Advanced

52

+93%

Cement

Arabian Cement

25

(58%)

Yamama Cement

48

(53%)

Saudi Cement

46

(43%)

Qassim Cement

36

+54%

Yanbu Cement

48

(31%)

Southern Cement

40

(55%)

Najran Cement

14

(50%)

Telecommunications

stc

4030

+14%

Mobily

499

+34%

Zain KSA

96

+13%

Food & Agriculture

Almarai

621

+34%

SADAFCO*

124

+45%

Savola

199

+22%

NADEC

69

+149%

Tanmiah

16

(50%)

Retail

Jarir

282

+3%

Cenomi Retail

14

(37%)

Al Othaim

50

(93%)

eXtra

98

+4%

BinDawood Holding

60

--

Healthcare

Dallah

52

+19%

Mouwasat

154

+26%

Care

50

+17%

Al Hammadi

84

+47%

Sulaiman Al Habib

470

+12%

Saudi German Health

36

+224%

Pharmaceuticals

SPIMACO

(8)

--

Jamjoom Pharma

71

+56%

Astra Industrial

109

+54%

Insurance

Tawuniya**

210

+82%

GIG**

34

+29%

Bupa Arabia**

327

+2%

Other Sectors

Bawan

30

(21%)

Saudi Ceramics

3

(93%)

Leejam Sports

65

(4%)

Equipment House

6

(32%)

Aldrees

72

+17%

Arabian Drilling

157

(26%)

Luberef

251

(47%)

MIS

53

+111%

solutions

345

+15%

2P

35

+8%

Alkhorayef Water

38

+35%

SISCO

21

+46%

Al Arabia

87

+32%

Riyadh Cables

118

+27%
*Different fiscal year

**Insurance figures have not been adjusted as per IFRS 17

Al Rajhi Capital - Q3 estimates for Saudi companies (05/10/2023)

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
42.30
0.15 0.36%
ETIHAD ETISALAT
52.30
0.20 0.38%
TAWUNIYA
132.80
(1.80) (1.34%)
NADEC
25.90
(0.20) (0.77%)
ACC
26.45
0.00 0.00%
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%)
SAUDI CERAMICS
34.45
0.25 0.73%
SPIMACO
32.30
(0.70) (2.12%)
SABIC
72.00
(0.30) (0.41%)
SADAFCO
353.60
1.60 0.45%
SABIC AGRI-NUTRIENTS
115.80
(0.60) (0.52%)
SAVOLA GROUP
25.60
(0.15) (0.58%)
SISCO HOLDING
29.70
(0.10) (0.34%)
YANSAB
40.10
0.20 0.50%
JARIR
13.66
0.34 2.55%
ALDREES
133.80
(1.60) (1.18%)
SIPCHEM
26.45
0.10 0.38%
BUPA ARABIA
193.00
3.40 1.79%
A.OTHAIM MARKET
11.28
0.04 0.36%
CENOMI RETAIL
12.86
0.06 0.47%
ADVANCED
36.05
0.15 0.42%
NAJRAN CEMENT
9.25
0.07 0.76%
ZAIN KSA
10.48
(0.10) (0.95%)
ASTRA INDUSTRIAL
172.60
1.00 0.58%
DALLAH HEALTH
154.60
(0.80) (0.51%)
GIG
28.80
(0.65) (2.21%)
MOUWASAT
93.70
(0.10) (0.11%)
EXTRA
102.20
0.20 0.20%
BAWAN
43.00
(1.50) (3.37%)
CARE
179.80
(4.80) (2.60%)
SOLUTIONS
259.40
(3.20) (1.22%)
ALHAMMADI
40.00
(0.40) (0.99%)
ALARABIA
164.80
(4.80) (2.83%)
RIYADH CABLES
119.00
1.60 1.36%
SULAIMAN ALHABIB
282.00
(1.40) (0.49%)
ARABIAN DRILLING
113.80
3.60 3.27%
SAUDI GERMAN HEALTH
70.70
(1.30) (1.81%)
Leejam Sports
181.00
(5.60) (3.00%)
LUBEREF
117.40
1.00 0.86%
BINDAWOOD
6.96
(0.05) (0.71%)
MIS
192.00
(2.40) (1.23%)
AWPT
160.20
(4.40) (2.67%)
TANMIAH
143.60
6.00 4.36%
EQUIPMENT HOUSE
52.70
(2.20) (4.01%)
2P
14.44
(0.20) (1.37%)
JAMJOOM PHARMA
161.80
(2.60) (1.58%)


Popular Links

Quick Links

Join Us

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