Ubhar Capital issues Q3 2022 profit forecasts for Saudi banks, firms
- Date: 06-Oct-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Ubhar Capital issues Q3 2022 profit forecasts for Saudi banks, firms
Ubhar Capital issued its expectations for Q3 2022 earnings of a number of Saudi banks and firms under its coverage.
It expects Saudi Basic Industries Corp (SABIC) to post a 9% rise in Q3 profit to SAR 6.08 billion, and Al Rajhi Bank to see a 17% profit rise to SAR 4.44 billion in the same period.