AlJazira Cap issues Q3 2022 earnings forecast for Saudi banks, companies
- Date: 05-Oct-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
AlJazira Cap issues Q3 2022 earnings forecast for Saudi banks, companies
AlJazira Capital published its Q3 2022 earnings forecasts for the Tadawul-listed banks and firms under its coverage, including Al Rajhi Bank and Saudi Basic Industries Corp. (SABIC).
SABIC is likely to post net profit of SAR 5.4 billion in Q3 2022. Al Rajhi Bank’s net profit is expected to increase 14% year-on-year (YoY) to SAR 4.3 billion.
Below is a list of AlJazira Capital’s estimates for Q3 2022 earnings of a number of banks and firms under its coverage:
* FY ends in March 2023
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