GIB Capital previews Q1 2024 earnings
Tadawul trading screen
GIB Capital issued Q1 2024 earnings forecasts for Tadawul-listed firms under coverage.
The following table shows GIB Capital’s first-quarter estimates for the companies under its coverage:
|
Q1 2024 Profit Forecasts (SAR mln) |
||
|
Company |
Q1 2024 (Projected) |
YoY Change |
|
Petrochemicals |
||
|
Advanced |
(5) |
-- |
|
Alujain |
7 |
-- |
|
Sipchem |
186 |
(60%) |
|
Saudi Kayan |
(574) |
-- |
|
Energy |
||
|
Arabian Drilling |
163 |
+ 15% |
|
ADES Holding |
203 |
+132% |
|
Materials |
||
|
Luberef |
261 |
(41%) |
|
AMAK |
9 |
(73%) |
|
Utilities |
||
|
MARAFIQ |
92 |
(14%) |
|
Banks |
||
|
SNB |
5328 |
+6 % |
|
Retail |
||
|
Jarir |
248 |
+0.2 % |
|
SASCO |
15 |
+7 % |
|
|
Food Manufacturing |
|
|
Tanmiah |
30 |
+43 % |
|
First Mills |
64 |
(13%) |
|
Modern Mills |
52 |
(19%) |
|
Transport |
||
|
Theeb |
33 |
(22%) |
|
Budget Saudi |
72 |
+4 % |
|
Lumi |
44 |
(13%) |
|
SAL |
209 |
+100% |
|
Other Sectors |
||
|
Tadawul Group |
167 |
+84% |
|
Americana* |
36 |
(38%) |
|
Alamar |
9 |
(37%) |
|
Leejam |
72 |
+15 % |
|
Riyadh Cables |
148 |
+18 % |
|
Obeikan Glass** |
2 |
(93%) |
|
Elm |
384 |
+19 % |
|
Al Akaria |
111 |
-- |
|
Retal |
47 |
+13% |
|
Al Mawarid |
26 |
+17% |
|
Al Arabia |
93 |
+2% |
|
Astra |
156 |
+17% |
|
Jamjoom Pharma |
102 |
+21% |
|
Avalon Pharma |
2 |
-- |
*Earnings in USD
**Nomu-listed