AI Summary
KASB Capital on Monday issued its Q2 2017 earnings forecasts for Saudi-listed companies under its coverage.
Al Rajhi Bank is likely to see a net profit of SAR 2.34 billion, a 14 percent year-on-year (YoY) increase in Q2 2017, while SABIC’s profit is expected to rise by 6 percent YoY to SAR 5.02 billion.
In the telecom sector, Saudi Telecom Co.’s Q2 earnings are forecast to rise 27 percent YoY to SAR 2.36 billion.
|
KSB Capital Q2 2017 profit estimates (SAR mln) |
||
|
Company |
Q2 2017 estimates |
YoY Variation |
|
Al Rajhi Bank |
2,343.3 |
14% |
|
Alinma Bank |
444.5 |
9% |
|
Bank Albilad |
225.2 |
22% |
|
Aljazira Bank |
199.3 |
12% |
|
SABIC |
5,024.4 |
6% |
|
Yansab |
561.5 |
(19%) |
|
SAFCO |
304.0 |
2% |
|
STC |
2,363.6 |
27% |
|
Saudi Cement |
133.2 |
(47%) |
|
Yanbu Cement |
109.1 |
(31%) |
|
Southern Cement |
85.4 |
(68%) |
|
Yamama Cement |
41.8 |
(64%) |
|
Arabian Cement |
69.5 |
(51%) |
|
Qassim Cement |
77.7 |
(33%) |
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