Osool & Bakheet issues Q4 2022 earnings forecast for Saudi banks, firms
- Date: 10-Jan-2023
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Osool & Bakheet issues Q4 2022 earnings forecast for Saudi banks, firms
Osool & Bakheet Investment Co. released Q4 2022 earnings forecasts for 39 Tadawul-listed banks and companies.
Saudi Basic Industries Corp. (SABIC) is projected to post a profit of SAR 2.2 billion in the three-month period. Al Rajhi Bank’s net profit is expected to jump 15% year-on-year to SAR 4.62 billion.