SNB Capital issues Q2 2022 estimates for Saudi banks, firms under coverage
- Date: 06-Jul-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
SNB Capital issues Q2 2022 estimates for Saudi banks, firms under coverage
Saudi Basic Industries Corp. (SABIC) is forecast to post net earnings of SAR 6.1 billion for the second quarter of 2022. Al Rajhi Bank’s net profit is seen jumping 18% year-on-year (YoY) to SAR 4.3 billion.
Below is a list of SNB Capital’s Q2 2022 estimates for some banks and firms under its coverage:
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