Al Rajhi Capital issues Q4 2023 earnings forecasts

Al Rajhi Capital issued Q4 2023 earnings forecasts for a number of companies under its coverage.

 

The brokerage expected Saudi Basic Industries Corp. (SABIC) to report a profit decline to SAR 704 million in Q4 2023, compared to a year earlier period.

 

Q4 2023 earnings forecasts (SAR mln)

Company

Q4 2023 (expected)

Change YoY

 

Petrochemicals

 

SABIC****

704

(25%)

SIPCHEM

229

(52%)

SABIC AN

852

(61%)

Yansab

3

--

Advanced

10

--

 

Cement

 

Arabian Cement

18

(49%)

Yamama Cement

80

(40%)

Saudi Cement

101

(35%)

Qassim Cement

60

+13%

Yanbu Cement

3

(95%)

Southern Cement

58

(7%)

Najran Cement

13

(74%)

 

Telecoms

 

stc

2692

(2%)

Mobily

608

+0.4%

Zain KSA

156

(38%)

 

Food & Agriculture

 

Almarai

373

+5%

SADAFCO*

122

+55%

Savola

107

+13%

NADEC

76

+203%

Tanmiah

23

(81%)

 

Retail

 

Jarir

258

(4%)

Cenomi Retail

(61)

--

Al Othaim

170

(1%)

BinDawood Holding

85

+44%

 

Healthcare

 

Dallah Healthcare

89

+13%

Mouwasat

181

+1%

Care

63

+14%

Al Hammadi

78

+7%

Sulaiman Al Habib

513

+16%

Saudi German Health

58

+75%

 

Pharmaceuticals

 

SPIMACO

(20)

--

Jamjoom Pharma

40

+26%

Astra

86

--

 

Insurance

 

Bupa Arabia**

301

+57%

Tawuniya**

182

+165%

GIG**

21

+204%

Malath

11

+156%

Walaa

10

--

Saudi Re

20

+817%

 

Other Sectors

 

Bawan

40

+34%

Saudi Ceramics

7

(83%)

Leejam

124

+16%

Equipment House

14

--

Aldrees

71

(1%)

Arabian Drilling

176

+29%

ADES Holding

142

(35%)

Luberef

322

(58%)

solutions

201

+2%

MIS

22

(55%)

2P

48

+3%

TAM***

31

+22%

Alkhorayef

47

+70%

SISCO

19

+3%

SAL

126

+11%

Jahez***

76

+11%

Lumi

61

+48%

Al Arabia

100

+23%

Tadawul

108

+89%

Riyadh Cables

142

+34%
*Different fiscal year

**Insurance figures not amended in line with IFRS 17

***Nomu

****Excluding one-offs

Al Rajhi Capital - Q4 2023 earnings forecasts 08/01/2024

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%)
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%
MALATH INSURANCE
15.00
(0.10) (0.66%)
ADVANCED
36.05
0.15 0.42%
WALAA
21.66
0.00 0.00%
NAJRAN CEMENT
9.25
0.07 0.76%
ZAIN KSA
10.48
(0.10) (0.95%)
ASTRA INDUSTRIAL
172.60
1.00 0.58%
SAUDI RE
35.30
(0.75) (2.08%)
DALLAH HEALTH
154.60
(0.80) (0.51%)
GIG
28.80
(0.65) (2.21%)
MOUWASAT
93.70
(0.10) (0.11%)
BAWAN
43.00
(1.50) (3.37%)
CARE
179.80
(4.80) (2.60%)
SOLUTIONS
259.40
(3.20) (1.22%)
LUMI
74.00
(0.30) (0.40%)
ALHAMMADI
40.00
(0.40) (0.99%)
TADAWUL GROUP
243.20
(1.80) (0.73%)
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%
SICO SAUDI REIT
4.09
(0.03) (0.73%)
BINDAWOOD
6.96
(0.05) (0.71%)
MIS
192.00
(2.40) (1.23%)
SAL
277.80
0.40 0.14%
JAHEZ
34.75
(0.35) (1.00%)
TANMIAH
143.60
6.00 4.36%
EQUIPMENT HOUSE
52.70
(2.20) (4.01%)
ADES
19.72
(0.02) (0.10%)
2P
14.44
(0.20) (1.37%)
JAMJOOM PHARMA
161.80
(2.60) (1.58%)
TAM DEVELOPMENT
200.00
(3.00) (1.48%)


Popular Links

Quick Links

Join Us

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