Al Rajhi Capital issued Q1 2023 earnings forecasts for the Saudi-listed companies under its coverage.
Saudi Basic Industries Corp. (SABIC) is projected to post an 83% fall year-on-year (YoY) in net earnings to SAR 1.12 billion during the three-month period.
Telecom major stc is seen to report a 10% YoY profit increase in Q1 2023.
|
Al Rajhi Capital’s Q1 2023 Forecasts (SAR mln) |
||
|
Company |
Q1 2023 Estimates (SAR mln) |
YoY Change |
|
Petrochemicals |
||
|
SABIC |
1,122 |
(83%) |
|
Sipchem |
524 |
(51%) |
|
SABIC Agri-Nutrients |
854 |
(66%) |
|
Yansab |
(249) |
-- |
|
Advanced |
52 |
(68%) |
|
Cement |
||
|
Arabian Cement |
31 |
(26%) |
|
Yamama Cement |
89 |
+200% |
|
Saudi Cement |
130 |
+113% |
|
Qassim Cement |
57 |
+127% |
|
Yanbu Cement |
62 |
+59% |
|
Southern Cement |
81 |
(9%) |
|
Najran Cement |
39 |
+67% |
|
Telecommunications |
||
|
stc |
3325 |
+10% |
|
Mobily |
395 |
+24% |
|
Zain KSA |
139 |
+73% |
|
Food & Agriculture |
||
|
Almarai |
443 |
+5% |
|
SADAFCO* |
86 |
+40% |
|
Savola |
265 |
(2%) |
|
Herfy |
19 |
(33%) |
|
Tanmiah |
27 |
-- |
|
Retail |
||
|
Jarir |
259 |
+3% |
|
Cenomi Retail* |
11 |
-- |
|
Al Othaim |
96 |
+5% |
|
eXtra |
97 |
(1%) |
|
BinDawood Holding |
27 |
(59%) |
|
Healthcare |
||
|
Dallah |
88 |
+6% |
|
Mouwasat |
165 |
+10% |
|
Care |
43 |
+43% |
|
Al Hammadi |
61 |
(2%) |
|
Sulaiman Al Habib |
422 |
+13% |
|
Insurance |
||
|
Bupa Arabia |
199 |
+112% |
|
Tawuniya |
120 |
+499% |
|
GIG |
21 |
+3% |
|
Other Sectors |
||
|
Leejam |
61 |
+33% |
|
Saudi Ceramics |
45 |
(12%) |
|
Aldrees |
72 |
+15% |
|
Bawan |
36 |
(29%) |
|
MIS |
44 |
-- |
|
solutions |
303 |
+7% |
|
Alkhorayef Water |
36 |
+42% |
|
Al Arabia |
85 |
+31% |
|
SISCO |
26 |
-- |
|
Equipment House |
16 |
(4%) |
|
Arabian Drilling |
149 |
+53% |
|
Luberef |
371 |
+23% |
|
Riyadh Cables |
111 |
-- |
Comments
{{DisplayName}}
{{ElapsedTime}}