SNB Capital previews Q4 2023 earnings

11/01/2024 Argaam

SNB Capital previews Q4 2023 earnings

Tadawul trading screen


SNB Capital issued Q4 2023 earnings forecasts for 58 Tadawul-listed banks and firms under its coverage.

 

Below is the list of SNB Capital’s fourth-quarter estimates for banks and firms under its coverage:

 

Q4 2023 Profit Forecasts

Company

Q4 2023

YoY Change 

Petrochemicals

SABIC*

310.0

(35%)

SIIG

89.0

--

Yansab

(54.2)

--

Advanced

(1.7)

--

Tasnee

42.0

(3%)

Sipchem

219.0

(51%)

SABIC AN

1066.0

(57%)

Saudi Kayan

(733.0)

--

Arabian Drilling

165.1

+21%

Luberef

459.0

(40%)

ADES

140.0

(36%)

Banks

Al Rajhi Bank

4232.0

(4%)

Alinma Bank

1360.0

+58%

Banque Saudi Fransi

1258.0

+51%

Bank Albilad

689.0

+28%

Riyad Bank

2166.0

+7%

Bank AlJazira

281.0

+15%

Telecommunication Services

stc

3052.0

+11%

Mobily

519.0

(15%)

Zain KSA

203.0

(19%)

solutions

197.0

+2%

Healthcare

Saudi German Health

66.2

+100%

Mouwasat

186.0

--

Al Hammadi

82.4

+13%

Sulaiman Al Habib

523.0

+19%

Dallah

97.6

+25%

Tourism

SGS

61.3

--

CATRION

71.0

(72%)

Seera

60.2

+68%

Retail

Leejam

120.0

+12%

eXtra

128.0

+6%

Cenomi Retail

(34.0)

--

Shaker

2.1

--

Jarir

264.0

(1%)

BinDawood Holding

77.6

+20%

Al Othaim

161.0

(18%)

Nahdi

190.0

+48%

Americana**

68.1

+7%

Aldawaa

97.7

+9%

Cement

Arabian Cement

42.8

+22%

Yamama Cement

93.1

(31%)

Eastern Cement

41.5

(16%)

Qassim Cement

47.6

(10%)

Southern Cement

53.4

(17%)

Saudi Cement

89.0

(42%)

Yanbu Cement

39.4

(33%)

Riyadh Cement**

102.0

(3%)

Real Estate

Dar Al Arkan

149.0

+206%

Taiba***

53.6

(35%)

Foods & Beverages

Almarai

388.0

+9%

Savola

112.0

+19%

First Mills

35.9

+77%

Car Leasing

Lumi

86.5

+110%

Budget Saudi

88.1

+35%

Theeb

48.4

(10%)

Other Sectors

SEC***

1363.0

(22%)

Tadawul Group

97.1

+70%

Saudi Pipe

21.3

+91%

*Americana profit in US dollar

**Estimates for Q2

***Merger impact included

Saudi Arabia (Tadawul)

22/07/2025
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10,843.20
(137.97) (1.26 %)
1 Day (1.26 %) 5 Days (1.49 %) 3 Months (6.41 %) 6 Months (12.29 %) Year (10.94 %) 2 Years (7.76 %) 5 Years 45.98 % All 519.01 %
NomuC
26,740.01
(340.01) (1.26 %)
1 Day (1.26 %) 5 Days (2.03 %) 3 Months (5.45 %) 6 Months (13.74 %) Year 2.69 % 2 Years 14.88 % 5 Years 223.37 % All 651.86 %
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GCC Indices

22-07-2025
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6,024.79
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9,280.70
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11,141.04
118.90 1.08 %
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4,777.19
33.96 0.72 %
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1,944.90
2.82 0.14 %
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10,843.20
(137.97) (1.26 %)
6,024.79
(20.25) (0.34 %)
9,280.70
(21.05) (0.23 %)
11,141.04
118.90 1.08 %
26,740.01
(340.01) (1.26 %)
10,178.87
(55.78) (0.55 %)
4,777.19
33.96 0.72 %
1,944.90
2.82 0.14 %

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