KASB Capital on Monday issued its Q2 2017 earnings forecasts for Saudi-listed companies under its coverage.
Al Rajhi Bank is likely to see a net profit of SAR 2.34 billion, a 14 percent year-on-year (YoY) increase in Q2 2017, while SABIC’s profit is expected to rise by 6 percent YoY to SAR 5.02 billion.
In the telecom sector, Saudi Telecom Co.’s Q2 earnings are forecast to rise 27 percent YoY to SAR 2.36 billion.
KSB Capital Q2 2017 profit estimates (SAR mln)
Q2 2017 estimates
Al Rajhi Bank
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