Value Capital issues Q2 earnings estimates

Net Profit Estimates for Q2 2024 (SAR mln)

Company

Q2 2024 (Projected)

Change YoY

Petrochemical Industries

SABIC

825.39

(30%)

Yansab

115.04

+319%

Advanced

22.48

(63%)

SABIC AN

975.10

+50%

Sipchem

221.79

(29%)

Banking

Al Rajhi Bank

4,435.20

+7%

Alinma Bank

1,412.14

+15%

Bank Albilad

623.02

+6%

Bank AlJazira

277.40

+6%

Telecommunications

stc

3,091.82

+3%

Mobily

757.64

+52%

Cement 

Southern Cement

55.58

+192%

Yamama Cement

131.90

+34%

Saudi Cement

77.73

(9%)

Qassim Cement

150.29

+294%

Consumer Goods

Jarir

206.70

+33%

eXtra

90.13

+46%

Capital Goods

Astra Industrial

147.76

+29%

Riyadh Cables

179.85

+42%

Transport

SAL

238.29

+119%