Osool & Bakheet issues Q3 2022 earnings forecast for Saudi banks, firms
Osool & Bakheet Investment Co. released Q3 2022 earnings forecasts for 40 Tadawul-listed banks and companies.
Saudi Basic Industries Corp. (SABIC) is expected to record a profit of SAR 4.5 billion in the three-month period. Al Rajhi Bank’s net profit is projected to increase by 16% year-on-year to SAR 4.41 billion.
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Osool & Bakheet's Q3 2022 Profits Forecasts (SAR mln) |
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|
Company |
Q3 2022 |
Change YoY |
|
Banks |
||
|
Al Rajhi Bank |
4411.9 |
+16% |
|
Saudi National Bank |
5181.8 |
+37% |
|
Bank AlJazira |
296.0 |
+ 45% |
|
Banque Saudi Fransi |
915.9 |
+ 1% |
|
SABB |
1289.5 |
+ 46% |
|
Bank Albilad |
540.6 |
+20 % |
|
Alinma Bank |
1008.3 |
+ 37% |
|
SAIB |
337.8 |
+23% |
|
ANB |
833.5 |
+ 25% |
|
Riyad Bank |
1872.7 |
+ 21% |
|
Materials |
||
|
Hail Cement |
14.7 |
+ 146% |
|
Najran Cement |
18.5 |
(49%) |
|
City Cement |
38.8 |
+2% |
|
Umm Al-Qura Cement |
10.7 |
(14%) |
|
Arabian Cement |
52.7 |
+40% |
|
Saudi Cement |
90.3 |
+54% |
|
Qassim Cement |
42.5 |
(30%) |
|
Southern Cement |
81.3 |
(3%) |
|
Yanbu Cement |
57.4 |
+ 62% |
|
Eastern Cement |
37.6 |
(0.3%) |
|
Tabuk Cement |
5.9 |
(30%) |
|
Yamama Cement |
147.9 |
+270% |
|
SABIC |
4500.0 |
(20%) |
|
Kayan |
31.4 |
(95%) |
|
Sipchem |
859.2 |
(17%) |
|
SABIC Agri-Nutrients |
2251.5 |
+ 87% |
|
Advanced |
78.0 |
(64%) |
|
Alujain |
37.6 |
(34%) |
|
Healthcare |
||
|
Mouwasat |
143.1 |
+ 0.3% |
|
Al Hammadi |
42.4 |
-- |
|
Sulaiman Al Habib |
395.9 |
+ 14% |
|
Dallah |
79.9 |
+ 60% |
|
Food and Staples Retailing |
||
|
Jarir |
265.9 |
(2%) |
|
Al Othaim |
54.2 |
+ 21% |
|
eXtra |
107.5 |
+ 21% |
|
Budget Saudi |
65.3 |
+15% |
|
Theeb Rent a Car |
47.7 |
+ 74% |
|
Maharah |
31.7 |
(11%) |
|
Telecommunications |
||
|
stc |
2930.3 |
+ 0.2% |
|
Mobily |
363.7 |
+ 29% |