Osool & Bakheet issues Q1 2022 earnings forecast for Saudi banks, firms
- Date: 11-Apr-2022
- Source: Argaam
- Sector:Financial Services
- Country:Saudi Arabia
Osool & Bakheet issues Q1 2022 earnings forecast for Saudi banks, firms
Osool & Bakheet Investment Co. issued its earnings forecasts for 33 Tadawul-listed banks and companies for the first quarter of 2022.
Saudi Basic Industries Corp. (SABIC) is expected to post SAR 5.7 billion profit in Q1 2022, and Al Rajhi Bank’s profit is likely to rise 28% year-on-year to SAR 4.27 billion.
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