AlJazira Capital issues Q4 2023 earnings forecast
AlJazira Capital published its Q4 2023 profit estimates for Tadawul-listed banks and firms under coverage.
Al Rajhi Bank’s earnings are forecast to retreat 3% year-on-year (YoY) to SAR 4.26 billion in Q4 2023.
The below table illustrates AlJazira Capital’s Q4 2023 estimates for a number of banks and firms under coverage:
|
Q4 2023 Forecasts (SAR mln) |
||
|
Company |
Q4 2023 Estimates |
YoY Change |
|
Banking Sector |
||
|
Al Rajhi Bank |
4,261 |
(3%) |
|
Alinma Bank |
1,392 |
+62% |
|
Bank Albilad |
619 |
+15% |
|
Telecommunication Sector |
||
|
stc |
2,703 |
(2%) |
|
Mobily |
616 |
+2% |
|
Zain KSA |
79 |
(68%) |
|
Materials Sector |
||
|
SABIC |
814 |
+169% |
|
Tasnee |
90.2 |
+109% |
|
Yansab |
(26.8) |
-- |
|
SABIC Agri-Nutrients |
1,146.5 |
(47%) |
|
Sipchem |
225.5 |
(53%) |
|
Advanced |
20.2 |
-- |
|
Saudi Kayan |
(451.7) |
-- |
|
Alujain |
5.5 |
-- |
|
Maaden |
255.0 |
(75%) |
|
Yamama Cement |
74.3 |
(45%) |
|
Saudi Cement |
101.4 |
(34%) |
|
Southern Cement |
54.5 |
(13%) |
|
Qassim Cement |
53.2 |
-- |
|
Arabian Cement |
19.7 |
(44%) |
|
Yanbu Cement |
14.4 |
(76%) |
|
City Cement |
30.8 |
(35%) |
|
Eastern Cement |
58.8 |
+11% |
|
Healthcare Sector |
||
|
Al Hammadi |
91.0 |
+24% |
|
Mouwasat |
182.2 |
+1% |
|
Care |
65.8 |
+19% |
|
Dallah Healthcare |
95.9 |
+22% |
|
Sulaiman Al-Habib |
521.3 |
+18% |
|
Saudi German Health |
56.5 |
+70% |
|
Retailing |
||
|
Jarir |
265.9 |
(1%) |
|
Cenomi Retail* |
(68.4) |
-- |
|
SACO |
(6.4) |
-- |
|
Americana |
223.1 |
(6%) |
|
Consumer Services Sector |
||
|
Seera |
43.2 |
+39% |
|
Leejam |
126.1 |
+18% |
|
Food & Beverages |
||
|
Almarai |
407.9 |
+15% |
|
Other Sectors |
||
|
Budget Saudi |
71.9 |
+10% |
|
Theeb |
38.0 |
(29%) |
|
Lumi |
60.0 |
+46% |
|
SAL |
137.5 |
+22% |
|
SGS |
50.6 |
-- |
|
CATRION |
80.3 |
(25%) |
|
Al Mawarid |
25.4 |
+4% |
|
Al Othaim |
153.9 |
(11%) |
|
BinDawood Holding |
61.5 |
+4% |
|
Elm |
322.5 |
+52% |
|
solutions |
269.1 |
+37% |
|
2P |
40.7 |
(12%) |
|
Alkhorayef Water |
49.6 |
+79% |
|
Al Arabia |
88.9 |
+10% |