SNB Capital issues Q3 2023 earnings estimates

SNB Capital issued Q3 2023 earnings forecasts for Tadawul-listed banks and firms under its coverage, led by Saudi Basic Industries Corp. (SABIC), Al Rajhi Bank and Saudi Electricity Co. (SEC).

 

Below is the list of SNB Capital’s third-quarter estimates for banks and firms under its coverage: 

 

Q3 2023 Profit Forecasts

Company

Q3 2023

YoY Change 

Petrochemicals

SABIC*

(366)

--

SIIG

167

+205%

Yansab

(104)

--

Advanced

86

+219%

Tasnee

94.4

+451%

Sipchem

350

(55%)

SABIC AN

1,000

(57%)

Saudi Kayan

(251)

--

Arabian Drilling

163

(24%)

Luberef

326

(31%)

Banks

Al Rajhi Bank

4,204

(3%)

Alinma Bank

1,269

+28%

Banque Saudi Fransi

1,114

+16%

Bank Albilad

581

+7%

Riyad Bank

2,024

+11%

Bank AlJazira

268

+15%

Telecommunication Services

stc

4131

+17%

Mobily

454

+22%

Zain KSA

167

+96%

solutions

345

+15%

Healthcare

Saudi German Health

97.3

+776%

Mouwasat

137

+12%

Al Hammadi

60.2

+5%

Sulaiman Al Habib

494

+17%

Dallah

70

+60%

Tourism

SGS

46.1

--

Saudi Catering

57.8

(19%)

Seera

68.1

+27%

Retail

Leejam

78.2

+15%

eXtra

87.8

(7%)

Cenomi Retail

60.4

+173%

Shaker

11.3

--

Jarir

274

+0.2%

BinDawood Holding

50.5

--

Al Othaim

54.9

(93%)

Nahdi

254

+0.2%

Americana**

94.6

+24%

Aldawaa

76.3

+58%

Cement

Arabian Cement

36.3

(38%)

Yamama Cement

84.3

(17%)

Eastern Cement

48.5

+161%

Qassim Cement

40.2

+72%

Southern Cement

41.9

(53%)

Saudi Cement

76.1

(6%)

Yanbu Cement

41.2

(41%)

Real Estate

Dar Al Arkan

137.2

+73%

Taiba

63.3

+48%

Other Sectors

SEC***

4,977

(22%)

Saudi Pipe

63.5

+278%

Savola

181

+11%

Tadawul Group

116

+30%

First Mills

44.9

(29%)
*SABIC’s results include a SAR 2.25 bln financial impact of Hadeed 

**Americana profit in US dollar

***Profit before Mudaraba instruments

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
ajax loading

Quotes

STC
45.10
0.65 1.46%
More
ETIHAD ETISALAT
60.60
2.40 4.12%
SAUDI ELECTRICITY
15.90
0.18 1.15%
ALRAJHI
102.00
3.00 3.03%
ALBILAD
36.60
0.80 2.23%
BJAZ
17.40
0.38 2.23%
RIBL
32.50
1.60 5.18%
BSF
18.50
0.60 3.35%
ACC
26.75
0.75 2.88%
EPCCO
35.50
1.45 4.26%
QACCO
52.30
1.00 1.95%
SAUDI CEMENT
44.45
0.10 0.23%
SPCC
32.40
0.20 0.62%
YC
39.95
0.25 0.63%
YCC
23.54
0.36 1.55%
TASNEE
9.30
0.07 0.76%
SABIC
64.00
0.90 1.43%
SABIC AGRI-NUTRIENTS
105.00
0.80 0.77%
SAVOLA GROUP
29.85
0.95 3.29%
SIIG
15.08
0.12 0.80%
YANSAB
33.95
0.65 1.95%
JARIR
12.98
0.26 2.04%
TAIBA
48.05
0.55 1.16%
SIPCHEM
20.52
0.26 1.28%
SAUDI KAYAN
6.02
0.02 0.33%
ALINMA
30.55
0.75 2.52%
SEERA
24.70
0.12 0.49%
A.OTHAIM MARKET
9.75
0.25 2.63%
CENOMI RETAIL
11.66
0.54 4.86%
DAR ALARKAN
20.86
0.62 3.06%
ADVANCED
30.45
0.25 0.83%
ZAIN KSA
11.18
0.26 2.38%
DALLAH HEALTH
126.60
4.40 3.60%
MOUWASAT
75.60
2.90 3.99%
SSP
61.20
1.20 2.00%
SHAKER
29.35
0.95 3.35%
CATRION
120.40
2.40 2.03%
EXTRA
93.90
2.10 2.29%
SOLUTIONS
307.80
6.80 2.26%
SGS
51.70
0.70 1.37%
ALHAMMADI
41.60
0.80 1.96%
ALDAWAA
81.60
3.70 4.75%
TADAWUL GROUP
203.20
2.20 1.09%
SULAIMAN ALHABIB
276.00
4.00 1.47%
ARABIAN DRILLING
94.50
1.60 1.72%
SAUDI GERMAN HEALTH
68.60
0.60 0.88%
LEEJAM SPORTS
151.00
1.40 0.94%
LUBEREF
104.20
1.40 1.36%
BINDAWOOD
6.18
0.10 1.64%
NAHDI
115.00
1.40 1.23%
AMERICANA
2.17
0.05 2.36%
FIRST MILLS
61.30
0.80 1.32%


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website