Osool & Bakheet issues Q1 2023 earnings forecast
- Date: 10-Apr-2023
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Osool & Bakheet issues Q1 2023 earnings forecast
Osool & Bakheet Investment Co. released Q1 2023 earnings forecasts for 40 Tadawul-listed banks and companies.
Major petrochemical producer, Saudi Basic Industries Corp. (SABIC) is expected to incur SAR 281 million losses in the three-month period. Al Rajhi Bank’s net profit is projected to grow 4% year-on-year to SAR 4.29 billion.
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