Yaqeen Capital issues Q4 2024 earnings forecasts

05/01/2025 ِArgaam
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Yaqeen Capital issued Q4 2024 earnings forecasts for a number of Saudi banks and companies under its coverage.

 

Yaqeen Capital's Q4 2024 Earnings Forecasts (SAR mln)

Company

Q4 2024 Estimates

Change YoY

Banking

Bank Aljazira

333

+19%

Al Rajhi Bank

5390

+29%

Bank Albilad

764

+26%

Alinma Bank

1349

+2%

ICT

stc

3087

+36%

Mobily

718

(4%)

GO*

59

(22%)

solutions

339

+109%

Other Sectors

SABIC

2608

--

Yansab

102

+453%

ADES Holding

281

+68%

Savola

210

(8%)

Alkhorayef Water

55

+85%

ACWA Power

640

+10%

Almarai

633

+71%

Yamama Cement

79

+50%

Saudi Cement

89

(14%)

Southern Cement

62

(16%)

Mouwasat

187

+2%

eXtra

126

(0.1%)

Care

89

+40%

Arabian Cement

63

(21%)

Jarir

287

+5%

Retal

68

+21%

NADEC

106

(15%)

Tawuniya

282

+214%

Saudi Re

86

+348%

Bupa Arabia

212

+102%

Maaden

1122

+26%

Seera

44

(60%)

Sure**

20

+57%

*FY ended in March 2024

**Estimates for H2 2024

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