Osool & Bakheet issues Q3 forecasts; SABIC profit to dip 16%

26/09/2016 Argaam

Osool & Bakheet Investment Group expects Saudi Basic Industries Corp.’s third quarter net profit to decline 16 percent to SAR 4.69 billion compared with the year-ago period.

 

Al Rajhi Bank’s profit is expected to rise 6 percent in that period, while Saudi Telecom Co.’s profit likely to drop 16 percent to SAR 1.948 billion.

 

Osool & Bakheet Q3 Profit Estimates (SAR mln)

Company

Q3-2016 estimates

Y-o-Y change

Saudi Catering

155.3

(6%)

Al Jouf Agriculture

40.1

(8%)

Almarai

652.3

+10%

Herfy

53.5

(6%)

Bank Aljazira

152.9

(8%)

Banque Saudi Fransi

1,009.7

(1%)

Al Rajhi Bank

1,821.7

+6%

National Commercial Bank

2,104.0

+6%

Samba

1,379.8

+1%

Riyad Bank

911.5

+1%

Najran Cement

24.0

(25%)

City Cement

47.0

(2%)

Yamama Cement

74.3

(22%)

Saudi Cement

193.4

(7%)

Yanbu Cement

121.4

(16%)

Zamil Industrial

45.3

(21%)

Electrical Industries

7.3

(23%)

SPIMACO

40.1

+37%

Maaden

123.4

+54%

MEPCO

7.0

(27%)

STC

1,948.3

(16%)

Bupa Arabia

278.7

+0.3%

Tawuniya

178.3

(18%)

SABIC

4,692.0

(16%)

Advanced Petrochemical

215.8

(8%)

SIIG

229.5

+11%

SAFCO

230.6

(59%)

Sahara Petrochemicals

127.8

+6%

Saudi Marketing

23.0

(20%)

Jarir

170.5

(22%)

Mouwasat

51.0

+19%

Dallah Healthcare

42.6

+59%

Care

33.8

+33%

Aldrees

29.6

(8%)

Bahri

538.7

+6%

SGS

204.1

+22%

Budget

48.5

(1%)

Al Tayyar

271.6

+3%

Al Hokair Group

45.6

(20%)

Dur Hospitality

38.9

(4%)

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Quotes

42.42 (0.06) (0.14%)
124.90 (1.10) (0.87%)
51.50 (0.80) (1.54%)
106.80 (0.10) (0.09%)
11.77 0.03 0.26%
29.28 (0.30) (1.02%)
39.05 1.70 4.62%
19.74 0.09 0.46%
34.68 (0.18) (0.52%)
25.54 (0.10) (0.39%)
14.65 (0.16) (1.08%)
44.00 0.24 0.55%
31.64 0.44 1.41%
59.65 0.00 0.00%
149.50 1.30 0.87%
17.46 0.20 1.16%
13.14 0.04 0.31%
35.46 (0.66) (1.83%)
26.85 0.20 0.75%
14.09 (0.06) (0.42%)
32.18 (0.36) (1.11%)
131.60 (1.40) (1.05%)
65.65 0.00 0.00%
40.96 (0.62) (1.50%)
171.00 (2.30) (1.33%)
20.50 0.18 0.89%
24.95 (0.31) (1.23%)
6.24 (0.06) (0.96%)
12.45 (0.09) (0.72%)
14.71 0.03 0.20%
134.70 2.90 2.20%
72.45 (0.15) (0.21%)
69.80 (0.40) (0.57%)
140.90 1.10 0.79%
13.09 (0.04) (0.30%)
1.73 0.01 0.58%
42.44 0.12 0.28%
32.82 0.04 0.12%
16.59 0.04 0.24%
17.69 (0.18) (1.01%)
16.40 (1.70) (9.44%)