AI Summary
Tadawul trading screen
Ubhar Capital issued its Q1 2026 profit forecasts for several Saudi companies and banks under its coverage.
The brokerage expects Al Rajhi Bank to post first-quarter net earnings of SAR 6.2 billion, up 5% year-on-year (YoY). Saudi Basic Industries Corp. (SABIC) is seen to post nearly SAR 538 million in net profit against a net loss during the same period in 2025.
|
Ubhar Capital's Q1 2026 Earnings Forecasts (SAR mln) |
||
|
Company |
Q1 2026 |
YoY Change |
|
Banks |
||
|
SNB |
6474.6 |
8% |
|
Al Rajhi |
6207.0 |
5% |
|
SAB |
2178.6 |
2% |
|
Basic Materials |
||
|
SABIC |
538.0 |
-- |
|
Sipchem |
(52.4) |
-- |
|
Tasnee |
(24.7) |
-- |
|
Yansab |
103.7 |
659% |
|
SIIG |
14.2 |
(22%) |
|
Maaden |
1468.7 |
(5%) |
|
SABIC AN |
1008.6 |
2% |
|
Cement |
||
|
Yamama Cement |
118.9 |
(16%) |
|
Saudi Cement |
93.7 |
(14%) |
|
City Cement |
35.9 |
(30%) |
|
Qassim Cement |
53.1 |
(40%) |
|
Telecommunications |
||
|
stc |
3175.2 |
(13%) |
|
Mobily |
862.2 |
12% |
|
Insurance |
||
|
Bupa Arabia |
442.5 |
16% |
|
Tawuniya |
307.0 |
17% |
|
Healthcare |
||
|
Sulaiman Al Habib |
656.4 |
18% |
|
Mouwasat |
210.6 |
7% |
|
Dallah Health |
103.0 |
(34%) |
|
Al Hammadi |
72.8 |
(2%) |
|
Jamjoom Pharma |
172.9 |
10% |
|
Information Technology |
||
|
solutions |
352.4 |
(2%) |
|
MIS |
8.9 |
(74%) |
|
Food and Staples Retailing |
||
|
SADAFCO |
118.0 |
(6%) |
|
BinDawood Holding |
63.5 |
(5%) |
|
Al Othaim |
63.5 |
(17%) |
|
Cenomi Centers |
210.5 |
(3%) |
|
Leejam |
58.4 |
(18%) |
|
Other Sectors |
||
|
Ataa* |
17.2 |
24% |
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