SNB Capital sets Q3 2025 earnings estimates

07/10/2025 Argaam Special

SNB Capital sets Q3 2025 earnings estimates


SNB Capital issued Q3 2025 earnings forecasts for 79 Tadawul-listed banks and firms under its coverage, including Saudi Basic Industries Corp. (SABIC), Al Rajhi Bank and Saudi Electricity Co. (SEC). 

 

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

 

SNB Capital's Forecasts for Q3 2025 (SAR mln)

Company

Q3 2025 Estimates

YoY Change

Petrochemicals & Energy

SABIC

597

(40.5%)

SIIG

22.1

(77.4%)

Yansab

56.6

(56.5%)

Advanced

31.3

(31.2%)

Tasnee

(20.7)

--

Sipchem

(42.6)

--

SABIC AN

1295.0

+56.7%

Kayan

(459)

--

Arabian Drilling

(26.1)

--

Luberef

274.0

+21.3%

ADES

201

+0.9%

Banks

Al Rajhi Bank

6143.0

+20.3%

Alinma Bank

1595.0

+1.5%

BSF

1397.0

+21.6%

Bank Albilad

759.0

+8%

Bank AlJazira

375.0

+12.7%

Riyad Bank

2648.0

(0.2%)

SAB

2053.0

+9.0%

SAIB

503.0

(2.8%)

Telecoms

stc

3673.0

(20.9%)

Mobily

845.0

+2.0%

Zain KSA

115.0

(23.3%)

solutions

440.0

(5.1%)

Elm

601.0

+20.7%

Healthcare

Saudi German Health

66.2

+7.2%

Mouwasat

185.0

+23.5%

Al Hammadi

70.8

(10.5%)

Sulaiman Al Habib

619.0

+3.9%

Dallah

132.0

+4.3%

Fakeeh*

60.1

(34.5%)

Tourism

SGS

103.0

+26.3%

CATRION

71.1

(35.2%)

Seera*

81.8

+88.4%

Flynas

159.0

+52.5%

Retail

Leejam

107.0

(42.9%)

eXtra*

162.0

+3.6%

Shaker

21.3

+20.4%

Jarir

332.0

+7.7%

BinDawood Holding

38.0

+8.5%

Al Othaim

50.0

(33.8%)

Nahdi

187.0

+2.4%

Americana**

43.0

+15.0%

Aldawaa

77.8

+3.7%

Almajed Oud

23.1

+2.9%

Nice One

27.8

+7.8%

Cement

Arabian Cement

14.5

(68.4%)

Yamama Cement

71.4

(27.1%)

Eastern Cement

43.1

+4.7%

Qassim Cement

43.7

(39.7%)

Southern Cement

12.9

(75.7%)

Saudi Cement

58.5

(41.6%)

Yanbu Cement

11.3

(63.5%)

Riyadh Cement

30.2

(68.1%)

Real Estate

Dar Al Arkan

187.0

+38.8%

Taiba

58.0

(2.8%)

Food & Beverages

Savola***

125.0

--

Almarai

604.0

+6.5%

First Mills****

68.1

+11.2%

Modern Mills

57.6

+18.9%

Tanmiah

0.5

(98.1%)

Entaj

2.7

(39.0%)

Car Rental

Lumi

60.8

+51.6%

Budget Saudi

87.6

+22.1%

Theeb

53.1

+14.2%

SAL

164.0

+5.7%

Fuel Stations

Aldrees

102.0

+21%

SASCO

5.7

(48.8%)

Manpower Solutions

SMASCO

40.9

+41%

Al Mawarid

34.7

+103%

Maharah

41.4

+70.1

Tamkeen

26.9

(8.7%)

Others

SEC*****

8042.0

+16.6%

Tadawul

91.3

(33.5%)

Tasheel

62.8

+6.6%

Saudi Steel Pipe

30.2

(39.8%)

Jamjoom Pharma

118.0

+24.7%

Avalon Pharma

10.0

+159%

MBC Group

10.6

(16.9%)

Riyadh Cables

295.0

+25.5%

*Before minority interest.

**Financial statements in USD.

***Savola's results for Q2 2025 are not comparable YoY due to recent restructuring.

****First Mills’ estimates include impact of Al Manar Feed acquisition

*****SEC's net income is shown before profit attributed to Mudaraba instrument.