KASB Capital on Monday issued its Q2 2017 earnings forecasts for Saudi-listed companies under its coverage.

 

Al Rajhi Bank is likely to see a net profit of SAR 2.34 billion, a 14 percent year-on-year (YoY) increase in Q2 2017, while SABIC’s profit is expected to rise by 6 percent YoY to SAR 5.02 billion.  

 

In the telecom sector, Saudi Telecom Co.’s Q2 earnings are forecast to rise 27 percent YoY to SAR 2.36 billion.

 

KSB Capital Q2 2017 profit estimates (SAR mln)

Company

Q2 2017 estimates

YoY Variation

Al Rajhi Bank

2,343.3

14%

Alinma Bank

444.5

9%

Bank Albilad

225.2

22%

Aljazira Bank

199.3

12%

SABIC

5,024.4

6%

Yansab

561.5

(19%)

SAFCO

304.0

2%

STC

2,363.6

27%

Saudi Cement

133.2

(47%)

Yanbu Cement

109.1

(31%)

Southern Cement

85.4

(68%)

Yamama Cement

41.8

(64%)

Arabian Cement

69.5

(51%)

Qassim Cement

77.7

(33%)

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TASI
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54.86 0.46 %
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Close : 12025.05 | Mar 27, 15:20
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Quotes

STC
45.35
0.25 0.55%
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ALRAJHI
102.00
0.00 0.00%
ALBILAD
36.90
0.30 0.82%
BJAZ
17.48
0.08 0.46%
ACC
26.90
0.15 0.56%
QACCO
52.60
0.30 0.57%
SAUDI CEMENT
45.00
0.55 1.24%
SPCC
33.30
0.90 2.78%
YC
39.30
(0.65) (1.63%)
YCC
23.58
0.04 0.17%
SABIC
63.70
(0.30) (0.47%)
SABIC AGRI-NUTRIENTS
106.00
1.00 0.95%
YANSAB
34.70
0.75 2.21%
ALINMA
30.70
0.15 0.49%


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