Osool & Bakheet issues Q3 2022 earnings forecast for Saudi banks, firms
- Date: 08-Oct-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Osool & Bakheet issues Q3 2022 earnings forecast for Saudi banks, firms
Osool & Bakheet Investment Co. released Q3 2022 earnings forecasts for 40 Tadawul-listed banks and companies.
Saudi Basic Industries Corp. (SABIC) is expected to record a profit of SAR 4.5 billion in the three-month period. Al Rajhi Bank’s net profit is projected to increase by 16% year-on-year to SAR 4.41 billion.
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