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
40.25
0.15 0.37%
ETIHAD ETISALAT
52.00
(0.30) (0.57%)
SAUDI ELECTRICITY
16.88
0.16 0.96%
ALRAJHI
90.30
0.40 0.44%
ALBILAD
36.85
0.45 1.24%
ANB
20.00
(0.10) (0.50%)
SAB
32.20
0.30 0.94%
BSF
32.90
(0.20) (0.60%)
QACCO
53.10
(0.10) (0.19%)
SAUDI CEMENT
42.40
0.10 0.24%
SPCC
33.60
(0.05) (0.15%)
YC
33.15
(0.85) (2.50%)
YCC
23.54
(0.22) (0.93%)
ALMARAI
57.80
(0.20) (0.34%)
TASNEE
10.18
0.02 0.20%
SABIC
66.70
0.20 0.30%
SABIC AGRI-NUTRIENTS
111.40
3.20 2.96%
YANSAB
36.95
(0.35) (0.94%)
JARIR
12.68
0.02 0.16%
SIPCHEM
24.02
(0.10) (0.41%)
SAUDI KAYAN
6.88
0.08 1.18%
ALINMA
28.20
0.20 0.71%
ADVANCED
32.15
(0.05) (0.16%)
ZAIN KSA
10.20
(0.02) (0.20%)
SNB
32.75
(0.25) (0.76%)
SULAIMAN ALHABIB
286.60
(12.00) (4.02%)
RIYADH CEMENT
33.25
(0.20) (0.60%)
BINDAWOOD
6.57
(0.01) (0.15%)
BURGERIZZR
20.44
(0.16) (0.78%)
ALHASOOB
63.20
(2.00) (3.07%)


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