
Riyad Capital issued Q4 2024 earnings forecasts for several banks and companies under coverage.
The following table shows Riyad Capital’s earnings forecasts for banks and firms in Q4 2024:
| Riyad Capital Q4 2024 Earnings Estimates (SAR mln) | ||
| Company | Q4 2024 (Projected) | Change (YoY) | 
| Petrochemicals | ||
| SABIC | 987 | -- | 
| SABIC AN | 855 | (13%) | 
| Tasnee | 57 | -- | 
| Yansab | 142 | +671% | 
| Sipchem | 103 | (35%) | 
| Advanced | 25 | +15% | 
| Saudi Kayan | (305) | -- | 
| SIIG | 98 | +769% | 
| Banks | ||
| Al Rajhi Bank | 5329 | +28% | 
| Bank Albilad | 747 | +23% | 
| Alinma Bank | 1581 | +20% | 
| ANB | 1259 | +34% | 
| BSF | 1131 | +37% | 
| SAB | 2245 | +10% | 
| SNB | 5388 | +9% | 
| Telecommunications | ||
| stc* | 2999 | +32% | 
| Mobily | 701 | (6%) | 
| Zain KSA | 75 | (75%) | 
| Software & Services | ||
| solutions | 287 | +77% | 
| Elm | 501 | +53% | 
| Healthcare | ||
| Sulaiman Al Habib | 603 | +15% | 
| Mouwasat | 231 | +26% | 
| Cement | ||
| Yamama Cement | 104 | +97% | 
| Saudi Cement | 127 | +23% | 
| Qassim Cement** | 68 | +89% | 
| Southern Cement | 50 | (33%) | 
| Yanbu Cement | 39 | +118% | 
| Riyadh Cement | 76 | +75% | 
| Other Sectors | ||
| Almarai | 480 | +6% | 
| Jarir | 233 | (26%) | 
| Budget Saudi | 78 | +17% | 
| BinDawood Holding | 74 | (40%) | 
| MC4 | 45 | +27% | 
| Riyadh Cables | 223 | +61% | 
| Burgerizzr | 3.4 | (38%) | 
| Alhasoob | 1.7 | +438% | 
| Nahdi | 157 | (8%) | 
| Aldawaa | 76 | (18%) | 
| ADES | 156 | (6%) | 
| Arabian Mills | 107 | (42%) | 
| MARAFIQ | 36 | (50%) | 
| Saudi Electricity*** | (32) | -- | 
| Maaden | 1137 | +28% | 
*Gains from the TAWAL deal are excluded from stc’s expected net income.
**Includes expected figures for Hail Cement.
***Net income is pre-deduction of speculative instruments.
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