AI Summary
Riyad Capital issued Q1 2025 earnings forecasts for several banks and companies under its coverage.
Al Rajhi Bank is expected to post a 24% year-on-year (YoY) rise in Q1 2025 net profit to SAR 5.9 billion. On the other hand, Saudi Basic Industries Corp. (SABIC) is seen logging a 47% YoY profit decline during the same period.
The following table shows Riyad Capital’s earnings forecasts for banks and firms in Q1 2025.
|
Riyad Capital Q1 2025 Profit Estimates (SAR mln) |
||
|
Company |
Q1 2025 (Projected) |
Change (YoY) |
|
Petrochemicals |
||
|
SABIC |
130 |
(47%) |
|
SABIC AN |
877 |
+4% |
|
Tasnee |
(25) |
-- |
|
Yansab |
6 |
(94%) |
|
Sipchem |
34 |
(81%) |
|
Saudi Kayan |
(742) |
-- |
|
SIIG |
9 |
(67%) |
|
Banking |
||
|
Al Rajhi Bank |
5897 |
+34% |
|
Bank Albilad |
758 |
+18% |
|
Alinma Bank |
1455 |
+11% |
|
ANB |
1302 |
+5% |
|
BSF |
1127 |
(2%) |
|
SAB |
2281 |
+12% |
|
SNB |
5484 |
+9% |
|
SAIB |
512 |
+16% |
|
Bank AlJazira |
323 |
+8% |
|
Telecommunications |
||
|
stc |
3666 |
+12% |
|
Mobily |
718 |
+13% |
|
Zain KSA |
149 |
+124% |
|
Software and Services |
||
|
solutions |
360 |
+2% |
|
Elm |
457 |
+33% |
|
Healthcare |
||
|
Sulaiman Al Habib |
637 |
+16% |
|
Mouwasat |
180 |
+5% |
|
Cement |
||
|
Yamama Cement |
120 |
+4% |
|
Saudi Cement |
99 |
(13%) |
|
Qassim Cement* |
83 |
+12% |
|
Southern Cement |
36 |
(42%) |
|
Yanbu Cement |
29 |
(50%) |
|
Riyadh Cement |
79 |
+13% |
|
Other Sectors |
||
|
Almarai |
711 |
+3% |
|
Jarir |
242 |
+10% |
|
Budget Saudi |
109 |
+55% |
|
BinDawood Holding |
61 |
+2% |
|
MC4 |
59 |
+21% |
|
Riyadh Cables |
237 |
+39% |
|
Burgerizzr |
1 |
(81%) |
|
Nahdi |
193 |
(17%) |
|
Aldawaa |
139 |
+46% |
|
ADES |
195 |
(1%) |
|
Arabian Drilling |
89 |
(39%) |
|
MARAFIQ |
44 |
+3% |
|
Saudi Electricity** |
1200 |
+34% |
|
Maaden |
1006 |
+2% |
**Net profit before Mudaraba instruments
Be the first to comment
Comments Analysis: