AI Summary
Tadawul trading screen
KASB Capital recently issued its Q4 2023 earnings estimates for several Saudi companies and banks under its coverage.
Saudi Basic Industries Corporation’s (SABIC) net profit for Q4 2023 is expected to soar 116% year-on-year (YoY) to SAR 654.40 million, while Al Rajhi Bank’s earnings are expected to fall 5% YoY to SAR 4.2 billion.
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Net Profit Estimates for Q4 2023 (SAR mln) |
||||
|
Company |
Q4 2023 (Projected) |
Change YoY |
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|
Petrochemical Industries |
||||
|
SABIC |
654.40 |
+116% |
||
|
Yansab |
(26.62) |
-- |
||
|
Advanced |
45.68 |
-- |
||
|
Sipchem |
347.21 |
(28%) |
||
|
SABIC AN |
1064.65 |
(51%) |
||
|
Banking Sector |
||||
|
Al Rajhi Bank |
4203.77 |
(5%) |
||
|
Alinma Bank |
1367.41 |
+59% |
||
|
Bank Albilad |
621.97 |
+15% |
||
|
Bank AlJazira |
266.95 |
+10% |
||
|
Telecommunications |
||||
|
stc |
3154.35 |
+14% |
||
|
Mobily |
578.20 |
(5%) |
||
|
Consumer Discretionary Distribution |
||||
|
Jarir |
303.30 |
+13% |
||
|
Cement |
||||
|
Saudi Cement |
45.12 |
(71%) |
||
|
Southern Cement |
46.64 |
(25%) |
||
|
Yamama Cement |
47.51 |
(65%) |
||
|
Qassim Cement |
15.30 |
(71%) |
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