Al Rajhi Capital issues Q1 2025 profit forecasts for TASI-listed firms

14/04/2025 Argaam

توقعات الراجحي المالية لأرباح عدد من الشركات السعودية للربع الأول 2025


Al Rajhi Capital issued Q1 2025 earnings forecasts for Saudi-listed companies under its coverage.
 
Saudi Basic Industries Corp. (SABIC) is expected to post a net profit of SAR 657 million, while stc’s earnings are forecast to rise 5% year-on-year (YoY) by the end of the three-month period.
 

Al Rajhi Capital’s Q1 2025 Earnings Forecasts (SAR mln)

Company

Q1 2025

(Projected)

YoY Change

Petrochemicals

SABIC

657

+167%

Sipchem

110

(39%)

SABIC AN

925

+10%

Yansab

92

(8%)

Cement

Arabian Cement

54

(0.3%)

Yamama Cement

118

+3%

Saudi Cement

100

(12%)

Qassim Cement

90

+21%

Yanbu Cement

35

(40%)

Southern Cement

44

(29%)

Najran Cement

25

+16%

Riyadh Cement

84

+20%

Foods

Almarai

754

+9%

SADAFCO

118

(7%)

Savola

262

(25%)

NADEC

113

+12%

Tanmiah

18

(14%)

Entaj

(10)

--

Almunajem

62

(46%)

First Mills

79

+2%

Modern Mills

64

(2%)

Retail

Jarir

229

+4%

Cenomi Retail

(7)

--

Al Othaim

96

(19%)

BinDawood Holding

63

+6%

Telecoms

stc*

3452

+5%

Mobily

701

+10%

Zain KSA

151

+127%

Healthcare

Dallah

115

(4%)

Mouwasat

182

+6%

Care

59

(27%)

Al Hammadi

72

+12%

Fakeeh Care

78

+8%

Sulaiman Al Habib

598

+9%

Saudi German Health

156

+200%

Pharmaceuticals

SPIMACO

24

(33%)

Jamjoom Pharma

130

+26%

Astra

170

+14%

Avalon Pharma

16

+71%

Insurance

Bupa Arabia

254

(29%)

Tawuniya

156

(21%)

GIG

25

--

Malath

16

+40%

Walaa Insurance

21

(47%)

Saudi Re

31

(2%)

Transport & Logistics

Lumi

48

+7%

Theeb

48

+19%

Budget Saudi

93

+33%

SISCO**

17

--

SAL

148

(29%)

Jahez

21

--

CATRION

84

+18%

SGS

92

+29%

Software & Services

solutions

312

(12%)

MIS

11

(85%)

2P

25

(16%)

Elm

421

+22%

Rasan

27

+157%

Other Sectors

Bawan

39

+34%

Saudi Ceramics

4

(74%)

Equipment House

5

(43%)

Tamkeen

15

(19%)

Aldrees

89

+15%

Arabian Drilling

72

(51%)

ADES

172

(13%)

Luberef

178

(26%)

Alkhorayef Water

59

+37%

Miahona***

16

(19%)

ACWA Power

348

+18%

AMAK

71

+370%

SMASCO

28

(27%)

Seera

49

+7%

Tadawul Group

135

(33%)

Leejam Sports

95

 +0.8%

Riyadh Cables

209

+23%

*stc’s 51% stake sale in TAWAL to the PIF was excluded, resulting in a one-off gain.

**Excluding revenues of the construction segment.

***A potential one-off payment from Al-Haer development project might be recognized.

 

Al Rajhi Capital - Profit Forecasts for Saudi Firms 13/04/2025

Saudi Arabia (Tadawul)

04/06/2025
  • TASI
  • NOMU
TASI
11,004.53
172.10 1.59 %
1 Day 1.59 % 5 Days 0.13 % 3 Months (7.77 %) 6 Months (7.42 %) Year (5.23 %) 2 Years (1.94 %) 5 Years 52.68 % All 528.22 %
NomuC
27,307.74
257.90 0.95 %
1 Day 0.95 % 5 Days 1.86 % 3 Months (13.40 %) 6 Months (10.83 %) Year 4.90 % 2 Years 27.37 % 5 Years 249.62 % All 667.82 %
more

GCC Indices

05-06-2025
Dubai
5,535.93
14.08 0.26 %
Abu Dhabi
9,734.99
43.50 0.45 %
Kuwait
8,854.23
36.97 0.42 %
Qatar
10,558.34
(59.68) (0.56 %)
Muscat
4,578.81
(0.01) (0.00 %)
Bahrain
1,923.07
(0.00) (0.00 %)
more
11,004.53
172.10 1.59 %
5,535.93
14.08 0.26 %
8,854.23
36.97 0.42 %
10,558.34
(59.68) (0.56 %)
27,307.74
257.90 0.95 %
9,734.99
43.50 0.45 %
4,578.81
(0.01) (0.00 %)
1,923.07
(0.00) (0.00 %)