Tadawul trading screen
SNB Capital issued Q42023earnings forecastsfor58 Tadawul-listed banks and firms under its coverage.
Below is the list of SNB Capital’s fourth-quarter estimates for banks and firms under its coverage:
Q4 2023Profit Forecasts
Company
Q42023
YoY Change
Petrochemicals
SABIC*
310.0
(35%)
SIIG
89.0
—
Yansab
(54.2)
—
Advanced
(1.7)
—
Tasnee
42.0
(3%)
Sipchem
219.0
(51%)
SABIC AN
1066.0
(57%)
Saudi Kayan
(733.0)
—
Arabian Drilling
165.1
+21%
Luberef
459.0
(40%)
ADES
140.0
(36%)
Banks
Al Rajhi Bank
4232.0
(4%)
Alinma Bank
1360.0
+58%
Banque Saudi Fransi
1258.0
+51%
Bank Albilad
689.0
+28%
Riyad Bank
2166.0
+7%
Bank AlJazira
281.0
+15%
Telecommunication Services
stc
3052.0
+11%
Mobily
519.0
(15%)
Zain KSA
203.0
(19%)
solutions
197.0
+2%
Healthcare
Saudi German Health
66.2
+100%
Mouwasat
186.0
—
Al Hammadi
82.4
+13%
Sulaiman Al Habib
523.0
+19%
Dallah
97.6
+25%
Tourism
SGS
61.3
—
CATRION
71.0
(72%)
Seera
60.2
+68%
Retail
Leejam
120.0
+12%
eXtra
128.0
+6%
Cenomi Retail
(34.0)
—
Shaker
2.1
—
Jarir
264.0
(1%)
BinDawood Holding
77.6
+20%
AlOthaim
161.0
(18%)
Nahdi
190.0
+48%
Americana**
68.1
+7%
Aldawaa
97.7
+9%
Cement
Arabian Cement
42.8
+22%
Yamama Cement
93.1
(31%)
Eastern Cement
41.5
(16%)
Qassim Cement
47.6
(10%)
Southern Cement
53.4
(17%)
Saudi Cement
89.0
(42%)
Yanbu Cement
39.4
(33%)
Riyadh Cement**
102.0
(3%)
Real Estate
Dar Al Arkan
149.0
+206%
Taiba***
53.6
(35%)
Foods Beverages
Almarai
388.0
+9%
Savola
112.0
+19%
First Mills
35.9
+77%
Car Leasing
Lumi
86.5
+110%
Budget Saudi
88.1
+35%
Theeb
48.4
(10%)
Other Sectors
SEC***
1363.0
(22%)
Tadawul Group
97.1
+70%
Saudi Pipe
21.3
+91%
*Americanaprofit in US dollar
**Estimates for Q2
***Merger impact included…
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