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
39.95
0.15 0.38%
ETIHAD ETISALAT
54.60
(0.90) (1.62%)
SAUDI ELECTRICITY
16.78
(0.08) (0.47%)
ALRAJHI
93.50
0.50 0.54%
ALBILAD
35.95
(0.10) (0.28%)
ANB
19.50
(0.10) (0.51%)
SAB
31.50
(0.20) (0.63%)
BSF
31.20
0.00 0.00%
QACCO
53.70
(0.80) (1.47%)
SAUDI CEMENT
40.85
(0.55) (1.33%)
SPCC
33.15
(0.35) (1.04%)
YC
31.30
(0.35) (1.11%)
YCC
23.36
(0.24) (1.02%)
ALMARAI
52.70
(0.20) (0.38%)
TASNEE
10.40
(0.08) (0.76%)
SABIC
69.70
(0.20) (0.29%)
SABIC AGRI-NUTRIENTS
112.00
1.20 1.08%
YANSAB
37.85
(0.90) (2.32%)
JARIR
12.72
(0.04) (0.31%)
SIPCHEM
24.50
(0.50) (2.00%)
SAUDI KAYAN
7.11
(0.12) (1.66%)
ALINMA
27.65
0.20 0.73%
ADVANCED
34.60
(0.35) (1.00%)
ZAIN KSA
10.34
(0.06) (0.58%)
SNB
33.10
(0.20) (0.60%)
SULAIMAN ALHABIB
268.00
(3.20) (1.18%)
RIYADH CEMENT
32.40
(0.25) (0.77%)
BINDAWOOD
6.84
0.07 1.03%
BURGERIZZR
23.84
1.02 4.47%
ALHASOOB
59.40
7.00 13.36%


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