GIB Capital previews Q4 2025 earnings 

13/01/2026 Argaam
* Net profit before minority interest


GIB Capital released its Q4 2025 earnings forecasts for several Saudi-listed companies under its coverage.

 

GIB Capital’s Q4 Earnings Estimates (SAR mln)

Company

Q4 2025 Estimates (SAR mln)

YoY Change

Petrochemicals

Advanced

15

--

Alujain

8

--

Sipchem

(248)

--

Kayan

(439)

--

Energy

Arabian Drilling

(13)

--

ADES Holding*

172

(17%)

Basic Materials

Luberef

128

(39%)

AMAK 

79

+92%

Utilities

Miahona

4

--

Banks

SNB**

6,169

+11%

Tadawul Group

74

(36%)

Retail

Jarir

266

(3%)

SASCO***

8

(21%)

Food

Tanmiah 

(27)

--

Entaj

(5)

--

First Mills 

70

+5%

Modern Mills

56

+10%

Arabian Mills

60

+5%

Consumer Services

Americana

199

+28%

Alamar*

18

(17%)

Leejam

80

(22%)

Sport Clubs

17

+18%

Seera*

60

--

Capital Goods

Riyadh Cables

257

+2%

Astra

175

+33%

GAS

35

+6%

Transport

Theeb

50

(2%)

Budget Saudi

86

(16%)

Lumi

46

(7%)

Cherry

14

(19%)

flynas

(70)

--

SAL

180

+27%

Other Sectors

Elm***

710

+43%

Saudi Azm****

9

+24%

Jamjoom Pharma

74

+43%

Avalon Pharma

46

+3%

Al Akaria

42

(78%)

Cenomi Centers*****

77

(64%)

Retal

53

(42%)

Masar

83

(56%)

Al Mawarid

32

+12%

SMASCO

39

+67%

* Net profit before minority interest

** Gross operating profit

*** Includes impact of Thiqah acquisition

**** Different fiscal year

***** Net profit is adjusted for FV gains/(losses) and one-offs

Advanced: Q4 2024 results include impact of one-off amortization costs at a value of SAR 212 million.

Alujain: Q4 2024 results include one-off costs at a value of SAR 130 million.

Sipchem: Q4 2024 results include one-off Zakat provision reversal at a value of SAR 81 million.

Kayan: Includes SAR 71 million insurance proceeds in Q4 2024.

ADES: Q4 2025 earnings includes 1-month impact of Shelf Drilling and one-off costs.

Retal: Q4 2024 includes one-time gain of SAR 45 million from liquidation of Remal Fund.

 

GIB Capital Q4 2025 forecasts 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.