AI Summary
Hermes Capital on Tuesday issued Q2 earnings forecasts for Saudi-listed companies and banks under its coverage.
The Kingdom’s cement companies are likely to see a drop in their earnings for Q2 2017 compared to a year earlier.
SABIC’s profit is expected to edge up by 1 percent YoY to SAR 4.66 billion. Elsewhere, blue chip Al Rajhi is expected to see its profit jump 2 percent.
|
Hermes Capital’s Estimates (SAR mln) |
||
|
Company |
Q2 2017 |
YoY variation |
|
Banks |
||
|
Riyad Bank |
963 |
(16%) |
|
Aljazira |
178 |
-- |
|
SAIB |
305 |
(5%) |
|
Alawwal |
369 |
(32%) |
|
BSF |
1004 |
(4%) |
|
SABB |
1041 |
(10%) |
|
ANB |
780 |
(5%) |
|
SAMBA |
1213 |
(8%) |
|
Al Rajhi |
2057 |
2% |
|
Albilad |
215 |
17% |
|
Telecom |
||
|
Mobily |
(171) |
-- |
|
STC |
2410 |
15% |
|
ZAIN |
22 |
-- |
|
Consumer Services |
||
|
Herfy |
51 |
3% |
|
Retail |
||
|
Jarir |
137 |
7% |
|
Shaker |
29 |
(24%) |
|
Alhokair |
256 |
-- |
|
Food Retail |
||
|
Al Othaim Markets |
58 |
15% |
|
Food Production |
||
|
Halwani |
20 |
(36%) |
|
SADAFCO |
75 |
2% |
|
Savola |
209 |
(15%) |
|
Almarai |
673 |
7% |
|
Commerce Services |
||
|
Saudi Airlines Catering |
144 |
(1%) |
|
Healthcare |
||
|
Mouwasat |
74 |
19% |
|
Care |
22 |
(62%) |
|
Dallah |
65 |
19% |
|
Medicine |
||
|
SPIMACO |
51 |
(1%) |
|
Basic Industries |
||
|
SABIC |
4662 |
(1%) |
|
SAFCO |
283 |
(5%) |
|
TASNEE |
149 |
43% |
|
Sipchem |
23 |
(11%) |
|
Chemanol |
-12 |
-- |
|
Sahara |
73 |
(24%) |
|
Yansab |
302 |
(56%) |
|
Maaden |
332 |
143% |
|
Al Jouf Cement |
8 |
(65%) |
|
Arabian Cement |
80 |
(44%) |
|
City Cement |
29 |
(55%) |
|
Eastern Cement |
35 |
(30%) |
|
Northern Cement |
14 |
(71%) |
|
Qassim Cement |
62 |
(46%) |
|
Yanbu Cement |
86 |
(46%) |
|
Yamama Cement |
44.1 |
(62%) |
|
Saudi Cement |
136 |
(45%) |
|
Tabuk Cement |
4 |
(81%) |
|
Southern Cement |
101 |
(62%) |
|
Capital Goods |
||
|
Saudi Ceramics |
9.3 |
(67%) |
|
Al-Khodari |
(14) |
-- |
|
Transport |
||
|
Budget Saudi |
41 |
(12%) |
|
Insurance |
||
|
Bupa Arabia |
102 |
(15%) |
|
Energy |
||
|
Aldrees |
21 |
(27%) |
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