News Online
  • Sign in
  • News
    • Africa
    • Americas
      • Law
      • Politics
        • 2020 Election
    • Asia
    • Australia
    • Canada
    • China
    • Europe
    • India
    • Latin America
    • Middle East
      • Israel
        • Israel Election
    • Russia
    • UK
  • Economy
    • Business
    • Health
      • Medicine
    • Industrial
    • Markets
    • Real Estate
    • Small Business
    • Startup
  • Science & Technology
    • Apps
    • Cameras
    • Space
    • Computers
    • Phones
    • Gadgets
    • Internet
  • Food & Drinks
    • Restaurants
  • Culture
    • Art
    • Books
    • Celebrity
    • Movies
    • Music
    • TV
  • LifeStyle
    • Autos
    • Fitness
    • Fashion
      • Beauty
    • Design
  • Sports
    • American Football
    • Athletics
    • Bastketball
    • Cycling
    • Football
    • Golf
    • Motorsport
      • Formula 1
      • Indycar
      • Nascar
    • Tennis
  • Travel
    • Africa
    • Asia
      • Thiland
    • Europe
    • India
    • Middle East
      • Israel
    • North America
    • South America
    • UK & Ireland
    • United States
  • Login
Menu
  • Sign in
  • News
    • Africa
    • Americas
      • Law
      • Politics
        • 2020 Election
    • Asia
    • Australia
    • Canada
    • China
    • Europe
    • India
    • Latin America
    • Middle East
      • Israel
        • Israel Election
    • Russia
    • UK
  • Economy
    • Business
    • Health
      • Medicine
    • Industrial
    • Markets
    • Real Estate
    • Small Business
    • Startup
  • Science & Technology
    • Apps
    • Cameras
    • Space
    • Computers
    • Phones
    • Gadgets
    • Internet
  • Food & Drinks
    • Restaurants
  • Culture
    • Art
    • Books
    • Celebrity
    • Movies
    • Music
    • TV
  • LifeStyle
    • Autos
    • Fitness
    • Fashion
      • Beauty
    • Design
  • Sports
    • American Football
    • Athletics
    • Bastketball
    • Cycling
    • Football
    • Golf
    • Motorsport
      • Formula 1
      • Indycar
      • Nascar
    • Tennis
  • Travel
    • Africa
    • Asia
      • Thiland
    • Europe
    • India
    • Middle East
      • Israel
    • North America
    • South America
    • UK & Ireland
    • United States
  • Login
Search
Close this search box.
  • Sign in
  • News
    • Africa
    • Americas
      • Law
      • Politics
        • 2020 Election
    • Asia
    • Australia
    • Canada
    • China
    • Europe
    • India
    • Latin America
    • Middle East
      • Israel
        • Israel Election
    • Russia
    • UK
  • Economy
    • Business
    • Health
      • Medicine
    • Industrial
    • Markets
    • Real Estate
    • Small Business
    • Startup
  • Science & Technology
    • Apps
    • Cameras
    • Space
    • Computers
    • Phones
    • Gadgets
    • Internet
  • Food & Drinks
    • Restaurants
  • Culture
    • Art
    • Books
    • Celebrity
    • Movies
    • Music
    • TV
  • LifeStyle
    • Autos
    • Fitness
    • Fashion
      • Beauty
    • Design
  • Sports
    • American Football
    • Athletics
    • Bastketball
    • Cycling
    • Football
    • Golf
    • Motorsport
      • Formula 1
      • Indycar
      • Nascar
    • Tennis
  • Travel
    • Africa
    • Asia
      • Thiland
    • Europe
    • India
    • Middle East
      • Israel
    • North America
    • South America
    • UK & Ireland
    • United States
  • Login
Menu
  • Sign in
  • News
    • Africa
    • Americas
      • Law
      • Politics
        • 2020 Election
    • Asia
    • Australia
    • Canada
    • China
    • Europe
    • India
    • Latin America
    • Middle East
      • Israel
        • Israel Election
    • Russia
    • UK
  • Economy
    • Business
    • Health
      • Medicine
    • Industrial
    • Markets
    • Real Estate
    • Small Business
    • Startup
  • Science & Technology
    • Apps
    • Cameras
    • Space
    • Computers
    • Phones
    • Gadgets
    • Internet
  • Food & Drinks
    • Restaurants
  • Culture
    • Art
    • Books
    • Celebrity
    • Movies
    • Music
    • TV
  • LifeStyle
    • Autos
    • Fitness
    • Fashion
      • Beauty
    • Design
  • Sports
    • American Football
    • Athletics
    • Bastketball
    • Cycling
    • Football
    • Golf
    • Motorsport
      • Formula 1
      • Indycar
      • Nascar
    • Tennis
  • Travel
    • Africa
    • Asia
      • Thiland
    • Europe
    • India
    • Middle East
      • Israel
    • North America
    • South America
    • UK & Ireland
    • United States
  • Login
News Online
Search
Close this search box.
  • 24/08/2025 05:19 Gloria and Emilio Estefan May Sue After Being Named in Diddy Suit
  • 24/08/2025 05:19 Lil Nas X on Best Behavior in Jail Following Arrest
  • 24/08/2025 05:19 ‘Memba When This Director Started Beefing With Our Camera Guy?!
  • 24/08/2025 03:19 Evacuations ordered as wildfire blazes California’s famed Napa County
  • 24/08/2025 03:19 Trump administration halts work on an almost-finished wind farm
  • 24/08/2025 03:19 US seeks to deport Kilmar Abrego Garcia to Uganda
  • 24/08/2025 01:19 Trump’s tech deals break with U.S. traditions of free enterprise
  • 24/08/2025 01:19 2025 Tour Championship leaderboard live updates: Golf scores, Round 3 coverage of FedEx Cup Playoffs finale
  • 24/08/2025 01:19 Another US military mini shuttle launches on a secret mission
  • 23/08/2025 23:19 Why having fun is the secret to a healthier life | Catherine Price (re-release)
‎Al Rajhi Capital issues Q4 2024 profit forecasts for TASI-listed firms
Home » Travel » United States » ‎Al Rajhi Capital issues Q4 2024 profit forecasts for TASI-listed firms

‎Al Rajhi Capital issues Q4 2024 profit forecasts for TASI-listed firms

Tomi Drews 03/01/2025 08:21

‎ Al Rajhi Capital issued Q4 2024 earnings forecasts for Saudi-listed companies under its coverage. Saudi Basic Industries Corp. (SABIC) is expected to post a net profit of SAR 737 million, while stc’s earnings are forecast to rise 26% year-on-year (YoY). Al Rajhi Capital’s Q4 Earnings Forecasts (SAR mln) Company Q3 2024 (Projected) Change YoY

Argaam EN
‎

Al Rajhi Capital issued Q4 2024 earnings forecasts for Saudi-listed companies under its coverage.

Saudi Basic Industries Corp. (SABIC) is expected to post a net profit of SAR 737 million, while stc’s earnings are forecast to rise 26% year-on-year (YoY).

Al Rajhi Capital’s Q4 Earnings Forecasts (SAR mln)

Company

Q3

2024 (Projected)

Change YoY

Q3 2023

Petrochemicals

SABIC

737

—

Sipchem

96

(40%)

SABIC AN

885

(10%)

Yansab

154

+735%

Advanced

23

—

Cement

Arabian Cement

46

+41%

Yamama Cement

109

+107%

Saudi Cement

125

+20%

Qassim Cement*

62

—

Yanbu Cement

40

+119%

Southern Cement

44

(41%)

Najran Cement

22

+17%

Riyadh Cement

74

+70%

Foods

Almarai

443

+20%

SADAFCO

103

(2%)

Savola

11632

+5023%

NADEC

210

+69%

Tanmiah

19

(29%)

Almunajem

44

(47%)

First Mills

60

+4%

Modern Mills

56

+10%

Retail

Jarir

250

(9%)

Cenomi Retail

(14)

—

Al Othaim

283

+67%

eXtra

157

+24%

BinDawood Holding

71

(41%)

Telecoms

stc**

2860

+26%

Mobily

690

(8%)

Zain KSA

47

(84%)

Healthcare

Dallah

137

+20%

Mouwasat

243

+32%

Care

64

—

Al Hammadi

76

+20%

Fakeeh

95

+29%

Sulaiman Al Habib

594

+13%

Saudi German Health

64

+74%

Pharmaceuticals

SPIMACO

(12)

—

Jamjoom Pharma

48

+8%

Astra Industrial

156

+25%

Avalon Pharma

49

+8%

Insurance

Bupa Arabia

147

+40%

Tawuniya

72

(20%)

GIG

19

(14%)

Malath

10

+10%

Walaa Insurance

34

(26%)

Saudi Re

50

+160%

Transport Logistics

Lumi Rental

45

+76%

Theeb

46

+30%

Budget Saudi

80

+21%

SISCO**

18

+169%

SAL

173

(4%)

Jahez

58

+74%

Other Sectors

Bawan

31

(15%)

Saudi Ceramics

20

—

Equipment House

11

+2%

Tamkeen

19

+49%

Aldrees

89

+24%

Arabian Drilling

90

(51%)

ADES Holding

205

+23%

Luberef

206

(23%)

solutions

275

+70%

MIS

10

—

2P

38

(3%)

Elm

409

+25%

Rasan

35

+256%

Alkhorayef Water

71

+141%

Miahona****

14

+10%

ACWA Power

419

(29%)

Al Arabia

55

(31%)

AMAK

46

+680%

SMASCO

36

(20%)

Seera

35

(68%)

Tadawul Group

133

+45%

United International

65

+17%

Leejam Sports

133

+3%

Riyadh Cables

219

+63%

*Financial results of Qassim Cement and Hail Cement for Q4 2023 and Q4 2024 were consolidated…
Read More

About the Author

View all posts by Tomi Drews


« Previous Post
Next Post »
Folow Us
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
  • Pinterest
  • Instagram
News Live
Popular
Cost of war: Palestinian terrorism hurts Israel social care
Israel
24/08/2025 Comments Off on Cost of war: Palestinian terrorism hurts Israel social care
Palestinians fear it’s ‘too late’ after UN declares famine in northern Gaza
Israel
24/08/2025 Comments Off on Palestinians fear it’s ‘too late’ after UN declares famine in northern Gaza
Editor picks

Every Scripted Show Nominated for a 2025 Series Emmy, Ranked

24/08/2025 Joe Reid

The TV Academy didn’t select any outright bad shows, but some are certainly more worthy of their nominations than others...

What My College Friendships Taught Me About Class Privilege

24/08/2025 Emma Glassman-Hughes

Andie* was my first college friend. We bonded over music and TV shows and our secular Jewish need to complain

Bobby Berk Didn’t Mean To Announce HGTV Show “The Day After” ‘Queer Eye’ Was Canceled

24/08/2025 Glenn Garner

As Bobby Berk enters the next phase of his onscreen design career, he wishes no shade to the Fab Five.

Follow Us
Tweets by @NewsOnlineApp
Like Us
Services

Advertise With Us

Display Advertising

No posts found.

About

About us

Contact us

Privacy Policy

 

© NEWS Online
Scroll to top

This website uses cookies to ensure you get the best experience on our website.

got it
Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset