United Securities: As earnings loom, what to expect in Q3 2024?
Tadawul trading screen
United Securities has issued its Q3 2024 estimates for several Saudi companies and banks under its coverage.
|
Net Profit Estimates for Q3 2024 (SAR mln) |
||
|
Company |
Q3 2024 (Projected) |
Change YoY |
|
Banking |
||
|
Al Rajhi Bank |
4440 |
+7% |
|
SNB |
5028 |
+0.4% |
|
Riyad Bank |
2153 |
+3% |
|
Alinma Bank |
1557 |
+18% |
|
SAB |
1892 |
+3% |
|
Transport & Logistics |
||
|
Lumi |
37 |
+6% |
|
Budget Saudi |
77 |
+8% |
|
Theeb |
41 |
+19% |
|
SAL |
165 |
+42% |
|
Cement |
||
|
Saudi Cement |
108 |
+58% |
|
Yamama Cement |
113 |
+177% |
|
Southern Cement |
43 |
(19%) |
|
Yanbu Cement |
46 |
+196% |
|
Najran Cement |
21 |
+50% |
|
Riyadh Cement |
64 |
-- |
|
Arabian Cement |
49 |
+65% |
|
Eastern Cement |
63 |
+54% |
|
City Cement |
44 |
+895% |
|
IT |
||
|
MIS |
33 |
-- |
|
solutions |
334 |
(14%) |
|
Fuel Retail |
||
|
Aldrees |
87 |
+29% |
|
Food Retail |
||
|
Americana* |
57 |
(31%) |
|
Herfy |
8 |
(28%) |
|
NADEC |
117 |
+55% |
|
Pharmaceuticals |
||
|
Jamjoom Pharma |
100 |
+29% |
|
SPIMACO |
33 |
-- |
|
Astra Industrial |
115 |
+11% |
|
Telecoms |
||
|
stc |
3337 |
(32%) |
|
Etihad Etisalat |
593 |
+13% |
|
Zain KSA |
97 |
(66%) |
|
Healthcare |
||
|
Saudi German Health |
62 |
+16% |
|
Care |
78 |
+6% |
|
Al Hammadi |
84 |
+12% |
|
Mouwasat |
184 |
+18% |
|
Sulaiman Al Habib |
557 |
+2% |
|
Other Sectors |
||
|
Aldawaa |
88 |
+23% |
|
CATRION |
81 |
(12%) |
|
Saudi Ground Services |
85 |
+42% |
|
ADES |
211 |
+151% |
|
Al-Arabia |
57 |
(9%) |
|
Nahdi |
194 |
(9%) |