Ubhar Capital issues Q3 2023 profit forecasts

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Ubhar Capital issued Q3 2023 earnings forecasts for a number of Saudi banks and companies under coverage.

 

Saudi Basic Industries Corp. (SABIC) is expected to record a profit drop of 39% year-on-year (YoY) to SAR 1.12 billion. Al Rajhi Bank’s third-quarter earnings are projected to decline 8% YoY to SAR 4 billion.

 

The following are the brokerage’s Q3 2023 earnings forecasts:

 

Q3 2023 Earnings Forecasts for Companies, Banks (SAR mln)

Company

Q3 2023 estimates

YoY

Banks

SNB

4582.0

(1%)

Al Rajhi Bank

3995.0

(8%)

SAB

1576.0

+13%

Materials

SABIC

1117.0

(39%)

Sipchem

344.9

(55%)

Tasnee

44.5

+160%

Advanced

94.9

+252%

Yansab

(17.0)

--

SIIG

130.0

+137%

Maaden

711.3

(66%)

SABIC Agri-Nutrients

974.0

(58%)

Cement

Yamama Cement

89.8

(11%)

Saudi Cement

88.9

+10%

City Cement

32.8

+30%

Qassim Cement

47.9

+105%

Telecommunications

stc

3582.3

+1%

Mobily

509.0

+36%

Insurance

Bupa Arabia

400.9

+25%

Tawuniya

268.6

+132%

Healthcare

Sulaiman Al Habib

480.5

+14%

Mouwasat

144.4

+18%

Dallah Healthcare

57.6

+31%

Al Hammadi

58.1

+2%

IT

solutions

330.7

+10%

MIS

36.2

+44%

Food Retailing

Jarir

286.4

+5%

SADAFCO*

120.3

+41%

BinDawood Holding

39.0

--

Al Othaim

35.3

(95%)

Cenomi Centres

255.1

+4%

Leejam

66.9

(2%)

Other Sectors

Ataa Educational*

21.1

--

*Different fiscal year

 

Comments 5

1
166
22653

إبن السعودية

منذ 1 سنه

السؤال الاهم ل اداره الشركه المعنيه اين المدير المالي وايضا المراجع القانوني هم المسئولين عن النتائج الماليه سواء سنويه او خلافها  🌹🌹🌹

2
18
3871

ابو ريم 11

منذ 1 سنه

با الله هذا سؤال ههههههههههههه

السؤل الاهم كيف رجعت لسوق ولماذا لم يحقق في قوائمها السابقه واعلان نتائج التحقيق ..؟؟

3
2
959

ميسوور الحال

منذ 1 سنه

خساير 800 % من راس المال كيف ستحل

 

4
0
84

ابو البراري

منذ 1 سنه
هل غدا يتم ايقاف تدول السهم
5
0
79

HAKEEMKHA

منذ 1 سنه

حسبنا الله ونعم الوكيل

 

اين المحاسبة 

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Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,550.0011,575.0011,600.0011,625.0011,650.00
Close : 11626.60 | Apr 20, 15:20

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Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,550.0011,575.0011,600.0011,625.0011,650.00
Close : 11626.60 | Apr 20, 15:20


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