‎Al Rajhi Capital issues Q3 earnings forecasts

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Al Rajhi Capital issued Q3 2024 earnings forecasts for 13 Saudi listed companies under coverage within retail, agriculture and food industries.

The following is Al Rajhi Capital’s estimates for a number of companies:

Al Rajhi Capital Q3 2024 Profit Forecasts (SAR mln)

Company

Q3 2024 (Expected)

YoY Change

Food Agriculture

Almarai

576

+16%

SADAFCO

134

+15%

Savola

233

+37%

Nadec

108

+31%

Tanmiah Food

22

+23%

Almunajem

63

+3%

First Milling

59

+8%

Modern Mills

50

+10%

Retail

Jarir

314

+6%

Cenomi Retail

(94)

—

Al Othaim

74

+16%

eXtra

114

(4%)

BinDawood Holding

36

+3%…
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