KASB Capital has issued its Q4 estimates for several Saudi companies and banks under its coverage.
Saudi Basic Industries Corporation’s (SABIC) net profit for Q4 is expected to reach SAR 5.38 billion, up 19 percent year-on-year (YoY), while Al Rajhi Bank’s earnings are expected to rise 13.7 percent YoY to SAR 2.33 billion.
Saudi Telecom Co. (STC) is projected to report a net profit of SAR 2.45 billion in Q4, a 14 percent YoY increase.
|
Q4 net profit estimates (SAR mln) |
|||
|
Company/bank |
Q4 2017E |
YoY Change |
Average estimates |
|
SABIC |
5327.0 |
+17% |
|
|
Yansab |
675.1 |
+12% |
|
|
Safco |
273.3 |
(4%) |
|
|
Advanced |
209.7 |
(0.2%) |
|
|
Saudi Cement |
101.0 |
(46%) |
|
|
Yanbu Cement |
64.0 |
(36%) |
|
|
Southern Cement |
78.8 |
(50%) |
|
|
Yamama Cement |
30.5 |
(30%) |
|
|
Qassim Cement |
58.8 |
(34%) |
|
|
Al Rajhi Bank |
2326.8 |
+14% |
|
|
Alinma Bank |
517.4 |
+33% |
|
|
Bank Albilad |
269.4 |
+22% |
|
|
Aljazira Bank |
242.4 |
+59% |
|
|
STC |
2451.5 |
+14% |
|
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