Riyad Capital's Q3 2026 Tadawul outlook
Al-Riyad Capital's forecasts indicate that the results of eight listed companies in the Saudi market will experience growth in the third quarter of 2026. The projections include that Almarai will record a 10% increase in revenue, with a decrease in gross profit margin to 30%. G Electronics (Jarir) is expected to achieve a 3% rise in revenue and a 5% increase in net profit. It is also anticipated that BinDawood will see revenue growth of 9%, despite a decline in profit margin. Riyadh Cable is projected to surpass 3 billion riyals in revenue, growing by 10%, with a 10% increase in net profit. Experts forecast significant growth for Rawajiz's revenue by 30%, with net profit rising by 85%. As for Al Nahdi, a 5% revenue growth is expected, while Al-Dawaa's profits may decline by 4%, with net profit dropping by 54%. These results come amid expectations of economic growth and seasonal impacts during the third quarter of 2026.
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