Aljazira Cap issues Q1 2020 earnings forecast for Saudi banks, firms
06/04/2020 Argaam Special
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Aljazira Capital published its Q1 2020 earnings estimates for several Tadawul-listed banks and firms under its coverage.
Saudi Basic Industries Corporation’s (SABIC) net profit for Q1 2020 is expected to fall 91% year-on-year (YoY) to SAR 302.1 million, while Al Rajhi Bank’s earnings are projected to decline 9% to SAR 2.62 billion.
Below is a list of Aljazira Capital’s estimates, as compiled by Argaam.