Osool & Bakheet issues Q2 2022 earnings forecast for Saudi banks, firms
- Date: 06-Jul-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Osool & Bakheet issues Q2 2022 earnings forecast for Saudi banks, firms
Osool & Bakheet Investment Co. released its earnings forecasts for 40 Tadawul-listed banks and companies for the second quarter of 2022.
Saudi Basic Industries Corp. (SABIC) is expected to post SAR 6.8 billion profit in the three-month period. Al Rajhi Bank’s net profit is projected to jump 14% year-on-year to SAR 4.12 billion.
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