Al Rajhi Capital issues Q4 2022 profit forecasts for Saudi-listed companies
Al Rajhi Capital issued Q4 2022 earnings forecasts for the Saudi-listed companies under its coverage.
Saudi Arabian Oil Co. (Saudi Aramco) is expected to post a leap of 25% year-on-year (YoY) in Q4 2022 net profit to SAR 146.2 billion. Saudi Basic Industries Corp. (SABIC) is projected to post a 65% fall YoY in net earnings to SAR 1.7 billion during the three-month period.
Al Rajhi Capital’s Q4 2022 Forecasts (SAR mln) |
||
Company |
Q4 2022 Estimates (SAR mln) |
YoY Change |
Petrochemicals |
||
SABIC |
1730 |
(65%) |
Sipchem |
503 |
(62%) |
SABIC Agri-Nutrients |
1959 |
(29%) |
Yansab |
(15) |
-- |
Advanced |
24 |
(85%) |
Cement |
||
Arabian Cement |
62 |
+166% |
Yamama Cement |
152 |
-- |
Saudi Cement |
123 |
+82% |
Qassim Cement |
60 |
+77% |
Yanbu Cement |
61 |
+518% |
Southern Cement |
95 |
+8% |
Najran Cement |
42 |
+17% |
Riyadh Cement* |
137 |
+167% |
Telecommunications |
||
stc |
2718 |
+4% |
Mobily |
368 |
+15% |
Zain KSA |
103 |
+44% |
Food & Agriculture |
||
Almarai |
512 |
+79% |
SADAFCO** |
75 |
+40% |
Savola |
117 |
-- |
Herfy |
22 |
(55%) |
Tanmiah |
33 |
-- |
Retail |
||
Jarir |
278 |
+6% |
Cenomi Reatail** |
15 |
(11%) |
Al Othaim |
155 |
-- |
eXtra |
104 |
(18%) |
BinDawood Holding |
23 |
+74% |
Healthcare |
||
Dallah |
81 |
(25%) |
Mouwasat |
146 |
(1%) |
Care |
46 |
+25% |
Al Hammadi |
71 |
+565% |
Sulaiman Al Habib |
440 |
+15% |
Other Sectors |
||
Saudi Aramco |
146224 |
+25% |
Bupa Arabia |
63 |
-- |
Tawuniya |
50 |
-- |
Leejam |
72 |
(16%) |
Jahez |
91 |
+210% |
Saudi Ceramics |
44 |
(7%) |
Aldrees |
63 |
+16% |
Bawan |
39 |
(13%) |
MIS |
26 |
+171% |
solutions |
174 |
+52% |
Alkhorayef Water |
37 |
+14% |
Al Arabia |
85 |
+20% |

** A different fiscal year
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