Saudi Q4 Earnings Forecast: Ma'aden (1211) Net Profit to Jump 98%, stc (7010) Down 70%? More Outlooks Inside
ALRAJHI 1120.SA | 0.00 | |
SNB 1180.SA | 0.00 | |
ALINMA 1150.SA | 0.00 | |
STC 7010.SA | 0.00 | |
ETIHAD ETISALAT 7020.SA | 0.00 |
How to Read This Outlook
- Stocks with multi-institution coverage reflect broader market consensus ranges.
- Stocks with single-institution estimates are presented as reference indicators, not consensus forecasts.
- All figures are based on publicly available institutional estimates at the time of compilation, and subject to future changes.
Market consensus for Saudi-listed companies’ Q4 2025 earnings points to resilient banking profits, while telecoms and several cyclical sectors continue to face earnings pressure.
1. Banking Sector:
Al Rajhi Bank(1120.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 6.0 – 6.7 bn |
| YoY Change | +9% to +22% |
The Saudi National Bank(1180.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 5.4 – 6.1 bn |
| YoY Change | -4% to +10% |
Alinma Bank(1150.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 1.58 – 1.65 bn |
| YoY Change | +3% to +8% |
2. Telecoms & Software:
Saudi Telecom Co.(7010.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 3.6 – 4.3 bn |
| YoY Change | -68% to -73% |
The sharp year-on-year decline largely reflects exceptional income booked in Q4 2024, with underlying operations viewed as broadly stable.
Etihad Etisalat Co.(7020.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 0.86 – 0.88 bn |
| YoY Change | -10% to -12% |
Arabian Internet and Communications Services Co.(7202.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 327 – 509 mn |
| YoY Change | flat to +55% |
3. Healthcare:
Dr. Sulaiman Al Habib Medical Services Group(4013.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 599 – 634 mn |
| YoY Change | -2% to +3% |
4. Logistics Sectors:
SAL Saudi Logistics Services Co.(4263.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 179 – 192 mn |
| YoY Change | +25% to +35% |
Saudi Ground Services Co.(4031.SA)
| Metric | Market Consensus |
|---|---|
| Q4 2025 Net Profit | SAR 103 – 119 mn |
| YoY Change | +7% to +24% |
Additional Q4 Estimates for High-Attention Stocks
Beyond above names with multi-institution coverage, several widely followed Saudi stocks have single-institution earnings estimates available, offering additional reference points for the market.
Energy & Materials
Saudi Arabian Oil Co.(2222.SA)
- Q4 2025 net profit estimate: around SAR 87 bn
- YoY change: +0.3%
Saudi Arabian Mining Co.(1211.SA)
- Q4 2025 net profit estimate: SAR 2.65 bn
- YoY change: +98% compared to 1.338 bn (Net Profit Before Unusual Items); net profit for 2024's Q4 is -105.64 mn, Includes SAR 1.29 billion impairment of capital assets of rolling mill (as part of Ma'aden Rolling Company (MRC), and impairment of goodwill of SAR 159 million in Meridian Consolidated Investments Limited (MCIL), Maaden's fertilizer distribution network in Africa.
Consumer & Retail
- Q4 2025 net profit estimate: SAR 179 mn
- YoY change: +13%
Aldawaa Medical Services Co.(4163.SA)
- Q4 2025 net profit estimate: SAR 91 mn
- YoY change: -13%
- Q4 2025 net profit estimate: SAR 279 mn
- YoY change: +1%
Telecommunications
Mobile Telecommunication Company Saudi Arabia(7030.SA)
- Q4 2025 net profit estimates range: SAR 114 – 293 mn
- YoY change: -58% to +7%
Figures are compiled and calculated from publicly available market information and institutional estimates, including but not limited to United Securities, Value Capital and SICO Bank.
Estimates coverage varies by company. Information is provided for reference only and does not constitute investment advice.