Riyad Cap issues Q1 profit estimates for telecoms; STC to dip 4%
11/04/2017
Argaam
Riyad Capital has released its first-quarter net profit forecasts for the three Tadawul-listed Saudi telecom firms.
Saudi Telecom Co. (STC) is expected to report a 4 percent year-on-year (YoY) drop in net profit to SAR 2.285 billion for Q1-2017.
Etihad Etisalat Co. (Mobily) is set to post a net loss of SAR 48 million during first quarter compared to a net profit of SAR 17 million in the year-ago period.
Mobile Telecommunications Co. (Zain) is seen to narrow its loss to SAR 74 million from a net loss of SAR 250 million in the same period in 2016.
|
Profit Estimates |
||
|
Company |
Q1 2017 estimates (SAR mln) |
YoY change |
|
STC |
2,285 |
(4%) |
|
Mobily |
(48) |
-- |
|
Zain |
(74) |
-- |
Quotes
STC
43.00
0.20
0.47%
ETIHAD ETISALAT
63.80
(0.95)
(1.47%)
ZAIN KSA
9.85
(0.06)
(0.61%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}