07/10/2025 Argaam Special

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% |
|
**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.
| TASI | 11,188.73 | (152.54) | (1.35 %) |
|
|
|||
| 44.32 | (0.48) | (1.07%) | |
| 68.05 | (0.60) | (0.87%) | |
| 14.31 | (0.13) | (0.90%) | |
| 106.60 | (0.20) | (0.19%) | |
| 26.70 | 0.22 | 0.83% | |
| 21.60 | (0.95) | (4.23%) | |
| 12.49 | (0.18) | (1.43%) | |
| 28.86 | (0.48) | (1.64%) | |
| 35.66 | (0.14) | (0.39%) | |
| 17.99 | (0.10) | (0.55%) | |
| 14.27 | (0.10) | (0.70%) | |
| 21.44 | (0.31) | (1.43%) | |
| 24.11 | (0.30) | (1.23%) | |
| 42.40 | (0.28) | (0.66%) | |
| 35.16 | (0.04) | (0.11%) | |
| 21.64 | (0.59) | (2.65%) | |
| 8.40 | (0.36) | (4.11%) | |
| 26.60 | (0.70) | (2.56%) | |
| 15.10 | (0.32) | (2.08%) | |
| 41.70 | (0.42) | (1.00%) | |
| 24.82 | (0.71) | (2.79%) | |
| 8.84 | (0.22) | (2.43%) | |
| 22.44 | (0.13) | (0.57%) | |
| 55.20 | (0.35) | (0.63%) | |
| 125.70 | (1.50) | (1.18%) | |
| 22.95 | (0.68) | (2.89%) | |
| 11.88 | (0.44) | (3.55%) | |
| 26.58 | (0.54) | (2.00%) | |
| 2.78 | (0.07) | (2.46%) | |
| 14.28 | (0.08) | (0.56%) | |
| 53.90 | (1.45) | (2.63%) | |
| 35.14 | (0.82) | (2.28%) | |
| 36.04 | 0.04 | 0.11% | |
| 119.90 | (1.90) | (1.56%) | |
| 14.49 | (0.36) | (2.42%) | |
| 4.61 | (0.09) | (1.91%) | |
| 6.93 | (0.21) | (2.95%) | |
| 6.97 | 0.03 | 0.43% | |
| 28.48 | (0.02) | (0.07%) | |
| 59.60 | (0.40) | (0.66%) | |
| 25.74 | (0.24) | (0.93%) | |
| 6.03 | (0.03) | (0.49%) | |
| 6.90 | (0.08) | (1.14%) | |
| 6.45 | (0.09) | (1.37%) | |
| 17.16 | 0.41 | 2.45% | |
| 18.19 | (0.45) | (2.42%) | |
| 24.39 | (0.90) | (3.54%) | |
| 6.40 | (0.03) | (0.47%) | |
| 13.17 | (0.07) | (0.53%) | |
| 10.94 | (0.22) | (1.98%) | |
| 19.80 | (0.53) | (2.61%) | |
| 116.50 | (4.00) | (3.31%) | |
| 67.00 | (0.55) | (0.81%) | |
| 39.92 | (1.22) | (2.97%) | |
| 17.31 | (0.20) | (1.14%) | |
| 79.15 | (1.75) | (2.16%) | |
| 88.25 | (1.35) | (1.51%) | |
| 13.59 | (0.41) | (2.94%) | |
| 222.00 | (7.30) | (3.19%) | |
| 45.28 | (0.98) | (2.12%) | |
| 12.94 | (0.02) | (0.15%) | |
| 43.32 | (1.20) | (2.68%) | |
| 35.42 | (0.54) | (1.49%) | |
| 26.36 | (0.70) | (2.60%) | |
| 50.70 | (0.35) | (0.69%) | |
| 156.40 | (3.30) | (2.08%) | |
| 34.24 | (0.84) | (2.40%) | |
| 60.85 | (1.25) | (2.01%) | |
| 25.40 | (1.06) | (4.03%) | |
| 125.80 | (4.00) | (3.10%) | |
| 254.20 | (3.80) | (1.47%) | |
| 23.98 | (0.78) | (3.16%) | |
| 34.00 | (1.40) | (3.95%) | |
| 11.42 | (0.24) | (2.08%) | |
| 97.55 | (2.75) | (2.76%) | |
| 20.63 | (0.84) | (3.99%) | |
| 6.12 | (0.06) | (0.97%) | |
| 24.25 | (0.50) | (2.00%) | |
| 44.96 | 0.60 | 1.33% | |
| 3.69 | (0.07) | (1.86%) | |
| 2.08 | (0.01) | (0.47%) | |
| 59.65 | (1.90) | (3.11%) | |
| 52.10 | 0.00 | 0.00% | |
| 128.80 | (2.60) | (1.98%) | |
| 33.70 | (0.80) | (2.31%) | |
| 4.77 | (0.14) | (2.86%) | |
| 52.50 | (1.00) | (1.87%) | |
| 6.09 | 0.04 | 0.66% | |
| 175.70 | (1.80) | (1.01%) | |
| 680.50 | (20.00) | (2.86%) | |
| 100.70 | 0.10 | 0.10% | |
| 57.15 | (2.40) | (4.07%) | |
| 42.48 | (1.52) | (3.46%) | |
| 53.40 | (0.50) | (0.93%) | |
| 27.86 | (0.48) | (1.68%) | |
| 6.20 | (0.01) | (0.16%) | |
| 1.64 | (0.03) | (1.80%) | |
| 124.80 | 1.70 | 1.37% | |
| 134.10 | (1.80) | (1.33%) | |
| 151.20 | (3.80) | (2.46%) | |
| 48.78 | (0.28) | (0.57%) | |
| 117.00 | 0.50 | 0.43% | |
| 27.02 | (0.64) | (2.31%) | |
| 16.15 | (0.66) | (3.96%) | |
| 5.98 | (0.02) | (0.34%) | |
| 160.10 | 4.40 | 2.81% | |
| 28.62 | (0.56) | (1.92%) | |