Tadawul trading screen
SNB Capital issued Q3 2024 earnings forecasts for 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 2024 Earnings (SAR mln)  | 
		||
| 
			 Company  | 
			
			 Q3 2024 (Projected)  | 
			
			 YoY Change  | 
		
| 
			 Petrochemicals & Energy  | 
		||
| 
			 SABIC  | 
			
			 1623  | 
			
			 --  | 
		
| 
			 SIIG  | 
			
			 61.3  | 
			
			 (72%)  | 
		
| 
			 Yansab  | 
			
			 199  | 
			
			 --  | 
		
| 
			 Advanced  | 
			
			 42.2  | 
			
			 (7%)  | 
		
| 
			 Tasnee  | 
			
			 55.7  | 
			
			 (29%)  | 
		
| 
			 Sipchem  | 
			
			 125  | 
			
			 (46%)  | 
		
| 
			 SABIC AN  | 
			
			 845  | 
			
			 (19%)  | 
		
| 
			 Saudi Kayan  | 
			
			 (342)  | 
			
			 --  | 
		
| 
			 Arabian Drilling  | 
			
			 79.6  | 
			
			 (43%)  | 
		
| 
			 Luberef  | 
			
			 244  | 
			
			 (28%)  | 
		
| 
			 ADES  | 
			
			 195  | 
			
			 + 133 %  | 
		
| 
			 Banks  | 
		||
| 
			 Al Rajhi Bank  | 
			
			 4820  | 
			
			 + 16 %  | 
		
| 
			 Alinma Bank  | 
			
			 1494  | 
			
			 + 13 %  | 
		
| 
			 BSF  | 
			
			 1202  | 
			
			 (3%)  | 
		
| 
			 Bank Albilad  | 
			
			 679  | 
			
			 + 10 %  | 
		
| 
			 Bank AlJazira  | 
			
			 315  | 
			
			 + 14 %  | 
		
| 
			 Riyad Bank  | 
			
			 2146  | 
			
			 + 3 %  | 
		
| 
			 SAB  | 
			
			 2089  | 
			
			 + 14 %  | 
		
| 
			 Telecommunications  | 
		||
| 
			 stc  | 
			
			 3588  | 
			
			 (27%)  | 
		
| 
			 Mobily  | 
			
			 687  | 
			
			 + 31 %  | 
		
| 
			 Zain KSA  | 
			
			 72.6  | 
			
			 (74%)  | 
		
| 
			 solutions  | 
			
			 411  | 
			
			 + 6 %  | 
		
| 
			 Healthcare  | 
		||
| 
			 Saudi German Health  | 
			
			 49.5  | 
			
			 (7%)  | 
		
| 
			 Mouwasat  | 
			
			 155  | 
			
			 (1%)  | 
		
| 
			 Al Hammadi  | 
			
			 58.7  | 
			
			 (22%)  | 
		
| 
			 Sulaiman Al Habib  | 
			
			 578  | 
			
			 + 6 %  | 
		
| 
			 Dallah Healthcare  | 
			
			 128  | 
			
			 + 29 %  | 
		
| 
			 Tourism  | 
		||
| 
			 SGS  | 
			
			 88.2  | 
			
			 + 47 %  | 
		
| 
			 CATRION  | 
			
			 93.6  | 
			
			 + 1 %  | 
		
| 
			 Seera  | 
			
			 53.1  | 
			
			 + 121 %  | 
		
| 
			 Retail  | 
		||
| 
			 Leejam Sports  | 
			
			 110.0  | 
			
			 + 19 %  | 
		
| 
			 eXtra  | 
			
			 121.0  | 
			
			 + 2 %  | 
		
| 
			 Shaker  | 
			
			 19.0  | 
			
			 + 13 %  | 
		
| 
			 Jarir  | 
			
			 306.0  | 
			
			 + 3 %  | 
		
| 
			 BinDawood Holding  | 
			
			 38.8  | 
			
			 + 11 %  | 
		
| 
			 Al Othaim  | 
			
			 64.2  | 
			
			 + 3 %  | 
		
| 
			 Nahdi  | 
			
			 204.0  | 
			
			 (4%)  | 
		
| 
			 Americana*  | 
			
			 57.1  | 
			
			 (30%)  | 
		
| 
			 Aldawaa  | 
			
			 82.1  | 
			
			 + 15 %  | 
		
| 
			 Cement  | 
		||
| 
			 Arabian Cement  | 
			
			 41.3  | 
			
			 + 39 %  | 
		
| 
			 Yamama Cement  | 
			
			 106.0  | 
			
			 + 160 %  | 
		
| 
			 Eastern Cement  | 
			
			 65.7  | 
			
			 + 61 %  | 
		
| 
			 Qassim Cement  | 
			
			 109.0  | 
			
			 --  | 
		
| 
			 Southern Cement  | 
			
			 48.6  | 
			
			 (9%)  | 
		
| 
			 Saudi Cement  | 
			
			 90.6  | 
			
			 + 33 %  | 
		
| 
			 Yanbu Cement  | 
			
			 30.5  | 
			
			 + 96 %  | 
		
| 
			 Riyadh Cement  | 
			
			 81.8  | 
			
			 --  | 
		
| 
			 Real Estate  | 
		||
| 
			 Dar Al Arkan  | 
			
			 191.0  | 
			
			 + 26 %  | 
		
| 
			 Taiba  | 
			
			 91.5  | 
			
			 + 70 %  | 
		
| 
			 Food & Beverages  | 
		||
| 
			 Savola  | 
			
			 154.0  | 
			
			 + 5 %  | 
		
| 
			 First Mills  | 
			
			 61.2  | 
			
			 + 13 %  | 
		
| 
			 Modern Mills  | 
			
			 49.7  | 
			
			 + 10 %  | 
		
| 
			 Car Rental  | 
		||
| 
			 Lumi  | 
			
			 35.1  | 
			
			 + 0.3 %  | 
		
| 
			 Budget Saudi  | 
			
			 91.6  | 
			
			 + 28 %  | 
		
| 
			 Theeb  | 
			
			 47.1  | 
			
			 + 37 %  | 
		
| 
			 SAL  | 
			
			 167.0  | 
			
			 + 44 %  | 
		
| 
			 Fuel Stations  | 
		||
| 
			 Aldrees  | 
			
			 87.5  | 
			
			 + 30 %  | 
		
| 
			 SASCO  | 
			
			 14.1  | 
			
			 + 9 %  | 
		
| 
			 Others  | 
		||
| 
			 SEC**  | 
			
			 5689  | 
			
			 (3%)  | 
		
| 
			 Tadawul Group  | 
			
			 164  | 
			
			 + 60 %  | 
		
| 
			 Saudi Steel Pipe  | 
			
			 48.7  | 
			
			 + 95 %  | 
		
| 
			 Avalon  | 
			
			 8.72  | 
			
			 + 204 %  | 
		
| 
			 MBC  | 
			
			 80.8  | 
			
			 --  | 
		
*Americana profit in US dollar
**Net profit before Mudarabah gains
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