NBK Q2 net profit pegged at KD 79.56 mln

KFH second quarter earnings estimated at KD 37.60 mln; Agility seen to earn KD 13.7 mln

DUBAI, July 12: Following are the second-quarter net profit estimates for selected companies and financial institutions in the GCC.

— Editor

Alistithmar Capital 308.40 -9.95

National Shipping Company of Saudi Arabia (Bahri) reported a net profit of 342.48 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 988.98 -2.64 SICO Bahrain 1041.25 2.50 Alistithmar Capital 1080.41 6.36 HSBC 956.00 -5.89 NCB Capital 1095.00 7.79 Average 1032.33 1.62

Banque Saudi Fransi reported a net profit of 1015.83 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for

in millions of riyals. NCB Capital 57.00 -19.13

Dar Al Arkan Real Estate Development Co. reported a net profit of 70.48 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 33.93 SICO Bahrain 85.48 NCB Capital 38.00 Average 52.47

Etihad Etisalat (Mobily) reported a net loss of 900.91 million riyals in the second quarter of 2015.

Following are first-quarter net profit estimates for in millions of riyals.

EFG Hermes 170.12 -19.30 NCB Capital 190.00 -9.87

Fawaz Abdulaziz Al Hokair Co. reported a net profit of 210.80 million riyals in the first quarter of 2015. The company’s financial year starts on April 1.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 149.40 -3.53 SICO Bahrain 156.92 1.33 Alistithmar Capital 146.00 -5.72 NCB Capital 160.00 3.32 Average 153.08 -1.15

Jarir Marketing Co. reported a net profit of 154.86 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

SICO Bahrain 65.62 17.00 EFG Hermes 61.14 9.01 Alistithmar Capital 61.00 8.75 Average 62.59 11.59

Mouwasat Medical Services Co. reported a net profit of 56.09 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

Alistithmar Capital 2656.24 12.41 SICO Bahrain 2557.85 8.25 HSBC 2541.00 7.54 Average 2585.03 9.40

National Commercial Bank reported a net profit of 2362.92 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for

in millions of riyals. SICO Bahrain 26.10 Aljazira Capital -61.70 NCB Capital 32.00 Average -1.20

National Industrialization Co. (Tasnee) reported a net loss of 107.70 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals. EFG Hermes 933.00 -17.30 Alistithmar Capital 1154.10 2.29 SICO Bahrain 1143.95 1.39 HSBC 870.00 -22.89 NCB Capital 1094.00 -3.03 Average 1039.01 -7.91

Riyad Bank reported a net profit of 1128.23 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for

in millions of riyals. EFG Hermes 258.65 -56.58 Aljazira Capital 375.10 -37.04 SICO Bahrain 328.68 -44.83 Alistithmar Capital 197.13 -66.91 NCB Capital 293.00 -50.82 Average 290.51 -51.24

Saudi Arabia Fertilizers Co. (SAFCO) reported a net profit of 595.76 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals. EFG Hermes 1274.31 -4.36 Alistithmar Capital 1348.95 1.24 SICO Bahrain 1315.74 -1.25 HSBC 1243.00 -6.71 NCB Capital 1308.00 -1.83 Average 1298.00 -2.58

Samba Financial Group reported a net profit of 1332.42 million riyals in the second quarter of 2015.

Following are second-quarter net estimates for

in millions of riyals.

Following are second-quarter net estimates for

in millions of riyals.

in millions of riyals.

profit Alistithmar Capital 143.98 -46.68 EFG Hermes 122.45 -54.65 SICO Bahrain 117.00 -56.67 Average 127.81 -52.66

Saudi Arabian Mining Co. (Ma’aden) reported a net profit of 270.01 million riyals in the second quarter of 2015.

profit EFG Hermes 4571.89 -25.91 Aljazira Capital 3842.60 -37.73 SICO Bahrain 3609.37 -41.51 Alistithmar Capital 3925.05 -36.39 NCB Capital 3666.00 -40.59 Average 3922.98 -36.43

Saudi Basic Industries Corp. reported a net profit of 6170.75 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 1096.23 -3.61 SICO Bahrain 1117.79 -1.71 Alistithmar Capital 1077.31 -5.27 NCB Capital 1134.00 -0.29 Average 1106.33 -2.72

SABB reported a net profit of 1137.26 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

SICO Bahrain 238.87 -5.89 EFG Hermes 234.21 -7.73 Aljazira Capital 254.71 0.35 Alistithmar Capital 236.00 -7.02 NCB Capital 252.00 -0.72 Average 243.16 -4.20

Saudi Cement reported a net profit of 253.82 million riyals in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of riyals.

NCB Capital 2354.00 19.43

Saudi Electricity reported a net profit of 1971 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 489.50 -9.22 Alistithmar Capital 529.34 -1.83 NCB Capital 506.00 -6.16 Average 508.28 -5.73

Saudi Hollandi Bank reported a net profit of 539.19 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

SICO Bahrain -209.00 Aljazira Capital -165.60 NCB Capital -178.00 Average -184.20

Saudi Kayan reported a net loss of 13.42 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 2309.24 -9.74 Alistithmar Capital 2506.00 -2.05 SICO Bahrain 2151.90 -15.89 NCB Capital 2507.00 -2.01 Average 2368.54 -7.42

Saudi Telecom Co. reported a net profit of 2558.33 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 324.43 -25.31 NCB Capital 262.00 -39.68

Savola Group reported a net profit of 434.37 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for EFG Hermes 65.38 -40.60 Aljazira Capital 54.50 -50.48 SICO Bahrain 51.89 -52.86 NCB Capital 29.00 -73.65 Average 50.19 -54.40

Saudi International Petrochemical Co. (Sipchem) reported a net profit of 110.07 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for YANSAB in millions of riyals.

Q2 2016 %change EFG Hermes 473.36 108.16 Aljazira Capital 308.80 35.80 SICO Bahrain 441.12 93.99 Alistithmar Capital 552.81 143.10 NCB Capital 455.00 100.09 Average 446.22 96.23

YANSAB reported a net profit of 227.40 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals. EFG Hermes -238.47 Alistithmar Capital -195.80 NCB Capital -232.00 Average -222.09

Zain Saudi reported a net loss of 201.16 million riyals in the second quarter of 2015.

UAE

Following are second-quarter net profit estimates for in millions of dirhams.

EFG Hermes 949.00 -26.04 SICO Bahrain 1066.11 -16.91 HSBC 1018.00 -20.66 Average 1011.04 -21.20

Abu Dhabi Commercial Bank reported a net profit of 1283.05 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of dirhams.

EFG Hermes 477.00 -4.91

Abu Dhabi Islamic Bank reported a net profit of 501.65 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of dirhams.

SICO Bahrain 384.10 -35.89

Aldar Properties reported a net profit of 599.17 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for

in millions of dirhams. SICO Bahrain 1922.59 25.31

Etisalat reported a net profit of 1534.22 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams.

EFG Hermes 1319.00 -9.14 SICO Bahrain 1314.89 -9.42 HSBC 1320.00 -9.07 Average 1317.96 -9.21

First Gulf Bank reported a net profit of 1451.63 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams.

EFG Hermes 1320.00 -8.73 SICO Bahrain 1283.39 -11.26 HSBC 1271.00 -12.12 Average 1291.46 -10.70

National Bank of Abu Dhabi reported a net profit of 1446.23 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams.

EFG Hermes 410.00 -27.82 SICO Bahrain 362.93 -36.11 HSBC 398.00 -29.93 Average 390.31 -31.29

Union National Bank reported a net profit of 568.04 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams. EFG Hermes 136.63 -6.58 SICO Bahrain 110.40 -24.51

Air Arabia reported a net profit of 146.25 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for Arabtec Holding in millions of dirhams.

Q2 2016 %change

EFG Hermes -83.20

Arabtec Holding reported a net loss of 718.35 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams. EFG Hermes 107.03 15.65 SICO Bahrain 99.00 6.97

Aramex reported a net profit of 92.55 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of dirhams.

EFG Hermes 771.00 -45.54

DAMAC Properties reported a net profit of 1415.71 million dirhams in the second quarter of 2015.

Following is a first-half net profit estimate for

DP World in millions of dollars. EFG Hermes 432.91 6.89

DP World reported a net profit of 405 million dollars in the first half of 2015.

Following is a second-quarter net profit estimate for in millions of dirhams.

EFG Hermes -11.40

Drake & Scull International reported a net profit of 10.27 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams.

EFG Hermes 914.00 1.33 HSBC 916.00 1.55

Dubai Islamic Bank reported a net profit of 901.99 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for

Following is for

in millions of dirhams. EFG Hermes 433.79 -13.59 SICO Bahrain 487.10 -2.97

Emirates Integrated Telecommunications Co. (du) reported a net profit of 502.01 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of dirhams. EFG Hermes 488.00 18.58

Emaar Malls reported a net profit of 411.54 million dirhams in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of dirhams.

SICO Bahrain 1059.31 -10.18

Emaar Properties reported a net profit of 1179.22 million dirhams in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of dirhams.

EFG Hermes 1850.00 12.41 SICO Bahrain 1736.50 5.51 HSBC 1802.00 9.49 Average 1796.17 9.14

Emirates NBD reported a net profit of 1645.79 million dirhams in the second quarter of 2015.

Bahrain

a second-quarter net profit estimate

in millions of dollars.

SICO Bahrain 145.10 10.60

Ahli United Bank reported a net profit of 131.19 million dollars in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of dinars.

SICO Bahrain 3.30 -88.93

Aluminium Bahrain reported a net profit of 29.82 million dinars in the second quarter of 2015.

Following is a second-quarter net profit estimate for

in millions of dinars. SICO Bahrain 12.39 -6.88

Batelco reported a net profit of 13.31 million dinars in the second quarter of 2015.

Oman

Following are second-quarter net profit estimates for in millions of rials. EFG Hermes 13.63 25.62 Gulf Baader Cptl Mkts 12.75 17.51

Bank Dhofar reported a net profit of 10.85 million rials in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of rials. EFG Hermes 41.80 -10.15 Gulf Baader Cptl Mkts 43.10 -7.35 SICO Bahrain 47.34 1.76 HSBC 41.00 -11.87 Average 43.31 -6.90

Bank Muscat reported a net profit of 46.52 million rials in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of rials.

EFG Hermes 14.52 -5.90 Gulf Baader Cptl Mkts 13.20 -14.45 HSBC 14.00 -9.27 Average 13.91 -9.85

National Bank of Oman reported a net profit of 15.43 million rials in the second quarter of 2015.

Following are second-quarter net profit estimates for

in millions of rials. EFG Hermes 29.38 10.00 Gulf Baader Capital Mkts 28.50 6.70

Oman Telecommunications (Omantel) reported a net profit of 26.71 million rials in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of rials.

Gulf Baader Cptl Mkts 12.20 5.99

Ooredoo Oman reported a net profit of 11.51 million rials in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of rials.

EFG Hermes 5.58 12.96 Gulf Baader Capital Mkts 6.53 32.19

Raysut Cement reported a net profit of 4.94 million rials in the second quarter of 2015.

Qatar

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 347.18 -39.33 SICO Bahrain 311.80 -45.51 QNB Financial Services 320.60 -43.98 HSBC 404.00 -29.40 Average 345.90 -39.56

Commercial Bank of Qatar reported a net profit of 572.26 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals. EFG Hermes 339.95 -10.83 SICO Bahrain 399.66 4.83 QNB Financial Services 347.97 -8.73 HSBC 364.00 -4.52 Average 362.90 -4.81

Doha Bank reported a net profit of 381.25 million riyals in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of riyals.

QNB Financial Services 108.05 -56.73

Gulf International Services reported a net profit of 249.69 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 763.27 -48.17 SICO Bahrain 835.24 -43.28 QNB Financial Services 801.22 -45.60 Average 799.91 -45.68

Industries Qatar reported a net profit of 1472.68 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 513.51 5.32 QNB Financial Services 511.56 4.92 HSBC 516.00 5.83 Average 513.69 5.36

Masraf Al Rayan reported a net profit of 487.58 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals. EFG Hermes 478.53 -4.54 SICO Bahrain 680.46 35.75

Ooredoo reported a net profit of 501.26 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 388.95 -0.53 QNB Financial Services 382.38 -2.21

Qatar Electricity and Water Co reported a net profit of 391.02 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 476.75 -3.63 SICO Bahrain 601.04 21.50 QNB Financial Services 492.45 -0.45 HSBC 526.00 6.33 Average 524.06 5.94

Qatar Islamic Bank reported a net profit of 494.69 million riyals in the second quarter of 2015.

Following are second-quarter net profit estimates for in millions of riyals.

EFG Hermes 3021.48 3.77 SICO Bahrain 3161.46 8.58 HSBC 3420.00 17.46 Average 3200.98 9.94

Qatar National Bank reported a net profit of 2911.70 million riyals in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of riyals.

QNB Financial Services 274.22 -4.25

Qatar Navigation (Milaha) reported a net profit of 286.4 million riyals in the second quarter of 2015.

Following is a second-quarter net profit estimate for in millions of riyals.

QNB Financial Services 227.94 -14.88

Qatar Gas Transport Co (Nakilat) reported a net profit of 267.8 million riyals in the second quarter of 2015.