Tadawul trading screen

Riyad Capital published its Q2 2022 earnings forecast for several Tadawul-listed banks and firms under its coverage.

 

Saudi Basic Industries Corporation’s (SABIC) profit is expected to rise year-on-year (YoY) to SAR 6.2 billion in Q2 2022. In the banking sector, Al Rajhi Bank is likely to post a 17% profit increase YoY to SAR 4.2 billion.  

 

The table below shows Riyad Capital’s outlook for the results of a number of banks and companies under its coverage for the second quarter of 2022:

 

Riyad Capital’s Q2 2022 Profit Forecasts (SAR mln)

Company

Q2 2022

YoY Change

Banking Sector

BSF

839

+9%

SABB

893

(3%)

ANB

636

+35%

Al Rajhi Bank

4207

+17%

Bank Albilad

510

+23%

Alinma Bank

853

+20%

SNB

4720

+123%

Petrochemicals

SABIC

6160

(20%)

SABIC Agri-Nutrients

2080

+149%

Tasnee

290

(19%)

Yansab

215

(64%)

Sipchem

1117

+35%

Saudi Kayan

25

(97%)

Advanced

110

(58)

Telecommunications

stc

3030

+7%

Mobily

325

+33%

Zain KSA

91

+118%

Cement

Yamama Cement

38

(51%)

Saudi Cement

83

(4%)

Qassim Cement

48

(52%)

Southern Cement

65

(32%)

Yanbu Cement

51

+23%

Other Sectors

Almarai

493

+2%

Jarir

218

+15%

SEC

4711

+20%

Sulaiman Al Habib

398

+22%

BinDawood Holding

78

(18%)

Nomu*

Riyad Cement

109

(32%)

Burgerizzr

7

+8%

Alhasoob

5.8

+2%
*H1 2022
Riyad Capital - Q2 2022 earnings forecast for Saudi banks (5/7/2022)

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Quotes

STC
42.20
(0.10) (0.24%)
ETIHAD ETISALAT
51.50
(0.20) (0.39%)
SAUDI ELECTRICITY
16.20
(0.08) (0.49%)
ALRAJHI
88.30
(0.30) (0.34%)
ALBILAD
35.75
(0.80) (2.19%)
ANB
19.08
(0.04) (0.21%)
SAB
33.45
(0.25) (0.74%)
BSF
31.05
0.05 0.16%
QACCO
52.10
0.90 1.76%
SAUDI CEMENT
39.80
0.10 0.25%
SPCC
32.45
(0.15) (0.46%)
YC
29.95
(0.30) (0.99%)
YCC
22.60
0.20 0.89%
ALMARAI
55.30
(0.40) (0.72%)
TASNEE
10.68
0.00 0.00%
SABIC
72.10
(0.40) (0.55%)
SABIC AGRI-NUTRIENTS
115.20
1.20 1.05%
YANSAB
39.65
(0.15) (0.38%)
JARIR
13.28
0.06 0.45%
SIPCHEM
26.20
0.05 0.19%
SAUDI KAYAN
7.73
(0.01) (0.13%)
ALINMA
28.00
(0.25) (0.88%)
ADVANCED
35.60
(0.35) (0.97%)
ZAIN KSA
10.40
(0.08) (0.76%)
SNB
32.55
(0.30) (0.91%)
SULAIMAN ALHABIB
282.60
(4.40) (1.53%)
RIYADH CEMENT
28.80
0.80 2.86%
BINDAWOOD
6.97
(0.05) (0.71%)
BURGERIZZR
22.50
(0.02) (0.09%)
ALHASOOB
47.75
(1.25) (2.55%)


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