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Tadawul trading screen
Osool & Bakheet Investment Co. released Q1 2023 earnings forecasts for 40 Tadawul-listed banks and companies.
Major petrochemical producer, Saudi Basic Industries Corp. (SABIC) is expected to incur SAR 281 million losses in the three-month period. Al Rajhi Bank’s net profit is projected to grow 4% year-on-year to SAR 4.29 billion.
|
Osool & Bakheet's Q1 2023 Profits Forecasts (SAR mln) |
||
|
Company |
Q1 2023 |
Change YoY |
|
Banks |
||
|
Al Rajhi Bank |
4290.09 |
+4% |
|
Saudi National Bank |
5055.69 |
+12% |
|
Bank AlJazira |
283.08 |
(25%) |
|
Banque Saudi Fransi |
1127.93 |
+29% |
|
SABB |
1587.00 |
+58% |
|
Bank Albilad |
578.07 |
+18% |
|
Alinma Bank |
1063.31 |
+29% |
|
SAIB |
385.67 |
+34% |
|
ANB |
980.43 |
+51% |
|
Riyad Bank |
2187.61 |
+41% |
|
Materials |
||
|
Najran Cement |
40.9 |
+76% |
|
City Cement |
40.47 |
+136% |
|
Umm Al-Qura Cement |
7.98 |
(42%) |
|
Arabian Cement |
37.41 |
(11%) |
|
Saudi Cement |
140.58 |
+130% |
|
Qassim Cement |
52.43 |
+109% |
|
Southern Cement |
69.41 |
(22%) |
|
Yanbu Cement |
56.74 |
+46% |
|
Eastern Cement |
66.56 |
+130% |
|
Yamama Cement |
90.59 |
+133% |
|
SABIC |
(281.90) |
-- |
|
Kayan |
(777.92) |
-- |
|
Sipchem |
359.37 |
(67%) |
|
SABIC Agri-Nutrients |
806.88 |
(68%) |
|
Advanced |
(4.00) |
-- |
|
Alujain |
12.56 |
(78%) |
|
Healthcare |
||
|
Mouwasat |
164.26 |
+9% |
|
Al Hammadi |
74.49 |
+20% |
|
Sulaiman Al Habib |
446.52 |
+14% |
|
Care |
48.83 |
+ 63 % |
|
Dallah |
87.37 |
+7% |
|
Food and Staples Retailing |
||
|
Jarir |
256.90 |
+3% |
|
Al Othaim |
112.27 |
+23% |
|
eXtra |
105.93 |
+ 9 % |
|
Budget Saudi |
67.48 |
+ 12 % |
|
Theeb |
51.18 |
+20% |
|
Maharah |
43.35 |
+75% |
|
Bawan |
33.93 |
(33%) |
|
Telecommunications |
||
|
stc |
3285.50 |
+8% |
|
Mobily |
436.56 |
+37% |
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