AI Summary
Tadawul trading screen
GIB Capital released Q2 2024 earnings forecasts for Saudi-listed firms under coverage.
The following table shows GIB Capital’s second-quarter estimates for Saudi-listed companies under its coverage:
|
GIB Capital’s Q2 2024 Earnings Estimates (SAR mln) |
||||
|
Company |
Q2 2024 (Projected) |
YoY Change |
||
|
Petrochemicals |
||||
|
Advanced |
38 |
(37%) |
||
|
Alujain* |
13 |
(23%) |
||
|
Sipchem** |
199 |
(36%) |
||
|
Saudi Kayan |
(517) |
-- |
||
|
Energy |
||||
|
Arabian Drilling |
120 |
(14%) |
||
|
ADES Holding |
192 |
+85% |
||
|
Basic Materials |
||||
|
Luberef |
281 |
(38%) |
||
|
AMAK |
26 |
+145% |
||
|
Public Utilities |
||||
|
MARAFIQ |
99 |
(38%) |
||
|
Banks |
||||
|
SNB*** |
5163 |
+3% |
||
|
Retail |
||||
|
Jarir |
150 |
(4%) |
||
|
SASCO |
11 |
(15%) |
||
|
Food |
||||
|
Tanmiah |
23 |
+102% |
||
|
First Mills |
59 |
+69% |
||
|
Modern Mills |
46 |
+12% |
||
|
Transportation |
||||
|
Theeb |
42 |
+40% |
||
|
Budget Saudi |
71 |
+1% |
||
|
Lumi*** |
70 |
+41% |
||
|
SAL |
200 |
+84% |
||
|
Other Sectors |
||||
|
Tadawul Group |
156 |
+48% |
||
|
Americana****** |
34 |
(61%) |
||
|
Alamar |
11 |
(37%) |
||
|
Leejam |
87 |
+20% |
||
|
Riyadh Cables |
156 |
+23% |
||
|
Astra |
137 |
+19% |
||
|
Elm |
395 |
+6% |
||
|
Al Akaria |
10 |
-- |
||
|
Retal |
58 |
(18%) |
||
|
Al Mawarid |
27 |
+20% |
||
|
Al Arabia |
85 |
-- |
||
|
Jamjoom Pharma |
116 |
+34% |
||
|
Avalon Pharma |
26 |
+44% |
||
|
Numu-Parallel Market (H1 2024) |
||||
|
GAS |
40 |
+13% |
||
|
Saudi Azm |
16 |
+19% |
||
*Excluding one-off gains from a 35% stake sale in NATPET
**Including an insurance settlement worth SAR 53 million
***Gross operating income
****Including SAR 27 milion in discount received
*****Results in US dollar
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