Saudi International Petrochemical Co.’s (Sipchem) net earnings are estimated to drop by 52 percent YoY to SAR 79 million.
Riyad Bank is expected to see a 22 percent profit surge YoY in the same period. Samba Financial Group’s net profit is forecast to increase 17 percent YoY to SAR 1.42 billion in Q4. Meanwhile, Alawwal Bank is to report net earnings of SAR 284 million, down by 13 percent YoY.
Saudi Telecom Co. (STC) is seen to post a profit rise of 13 percent YoY to SAR 2.99 billion.