SNB Capital issues Q1 2022 profit forecasts for Saudi banks, firms
- Date: 06-Apr-2022
- Source: Argaam
- Sector:Financial Services
- Country:Saudi Arabia
SNB Capital issues Q1 2022 profit forecasts for Saudi banks, firms
SNB Capital issued Q1 2022 profit forecasts for a number of Saudi banks and other companies, including Saudi Basic Industries Corp. (SABIC), Al Rajhi Bank and Saudi Electricity Co. (SEC)
SABIC is projected to report a net profit of SAR 5.04 billion for Q1 2022, while Al Rajhi Bank’s earnings are expected to rise by 20% year-on-year (YoY) to nearly SAR 4 billion in the three-month period.
The following table shows SNB Capital’s Q1 2022 profit forecasts for some banks and companies under coverage:
Select Sector 
Select Country 
