Ubhar Capital issues forecasts for Q1 2022 profits for banks, companies under its coverage
- Date: 12-Apr-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Ubhar Capital issues forecasts for Q1 2022 profits for banks, companies under its coverage
Ubhar Capital issued its forecasts for Q1 2022 earnings of Saudi banks and companies under its coverage.
The brokerage expects SABIC to achieve earnings of SAR 5.03 billion. Al Rajhi Bank is likely to achieve a net profit of SAR 3.82 billion, up 13% year-on-year (YoY), in the first quarter.
The table below shows Ubhar forecasts for Q1 2022 profits for banks and companies (SAR mln).
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