Tadawul trading screen
Osool Bakheet Investment Co. released Q1 2023 earnings forecasts for40Tadawul-listed banks and companies.
Major petrochemical producer, Saudi Basic Industries Corp.(SABIC) isexpectedtoincur SAR 281 million losses in the three-month period.Al Rajhi Bank’snet profit isprojectedtogrow 4% year-on-year to SAR 4.29 billion.
Osool Bakheet’s Q1 2023 Profits Forecasts (SAR mln)
Company
Q1 2023
Change YoY
Banks
Al Rajhi Bank
4290.09
+4%
Saudi National Bank
5055.69
+12%
Bank AlJazira
283.08
(25%)
Banque Saudi Fransi
1127.93
+29%
SABB
1587.00
+58%
Bank Albilad
578.07
+18%
Alinma Bank
1063.31
+29%
SAIB
385.67
+34%
ANB
980.43
+51%
Riyad Bank
2187.61
+41%
Materials
Najran Cement
40.9
+76%
City Cement
40.47
+136%
Umm Al-Qura Cement
7.98
(42%)
Arabian Cement
37.41
(11%)
Saudi Cement
140.58
+130%
Qassim Cement
52.43
+109%
Southern Cement
69.41
(22%)
Yanbu Cement
56.74
+46%
Eastern Cement
66.56
+130%
Yamama Cement
90.59
+133%
SABIC
(281.90)
—
Kayan
(777.92)
—
Sipchem
359.37
(67%)
SABIC Agri-Nutrients
806.88
(68%)
Advanced
(4.00)
—
Alujain
12.56
(78%)
Healthcare
Mouwasat
164.26
+9%
Al Hammadi
74.49
+20%
Sulaiman Al Habib
446.52
+14%
Care
48.83
+ 63 %
Dallah
87.37
+7%
Food and Staples Retailing
Jarir
256.90
+3%
Al Othaim
112.27
+23%
eXtra
105.93
+ 9 %
Budget Saudi
67.48
+ 12 %
Theeb
51.18
+20%
Maharah
43.35
+75%
Bawan
33.93
(33%)
Telecommunications
stc
3285.50
+8%
Mobily
436.56
+37%…
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