All UAE Saudi Egypt
Reset All
Showing 9 of 49
  • UAE Flag
    FIRST LOOK NOTES
    13 Nov 2025
    Fertiglobe PLC
    BUY
    AED 2.46
    AED 3.20
    +30.08%

    UAE Equity Research - Fertiglobe PLC 3Q25 - First Look Note

    Fertiglobe’s USD 142 Mn goodwill tax settlement in Egypt is expected to yield annual cash tax savings of c. USD 16 Mn over the next decade. Urea prices averaged USD 474 per ton (FOB Egypt) in 3Q25, up 16% QOQ and 33% YOY, contributing to higher revenues.
    Download
  • UAE Flag
    EARNINGS CALL INSIGHT
    11 Nov 2025
    Fertiglobe PLC
    BUY
    AED 2.44
    AED 3.20
    +31.15%

    UAE Equity Research - Fertiglobe 3Q25 - Earnings Call Insight

    Total sales volume rose 19.5% YOY to 1.65 Mn metric tons in 3Q25, mainly driven by an increase in third-party sales. Own product sales fell 2.1% YOY to 1.33 Mn metric tons in 3Q25, driven by the impact of gas supply issues in Egypt and the strategic decision to increase urea production.
    Download
  • Saudi Flag
    FIRST LOOK NOTES
    04 Nov 2025
    Saudi Basic Industries Corp
    ACCUMULATE
    SAR 58.40
    SAR 65.00
    +11.30%

    Saudi Equity Research - Saudi Basic Industries Corporation (SABIC) 3Q25 - First Look Note

    SABIC reported a positive net profit during 3Q25, for the first time in 2025, supported by lower costs and improved gross margins after the absence of 2Q25 impairment charges. Petrochemical prices stayed weak amid global overcapacity and soft demand, while Agri-Nutrients' performance improved, supported by higher urea prices and strong seasonal demand.
    Download
  • UAE Flag
    FIRST LOOK NOTES
    31 Oct 2025
    Borouge PLC
    BUY
    AED 2.50
    AED 2.95
    +18.00%

    UAE Equity Research - Borouge PLC 3Q25 - First Look Note

    Recorded highest ever volume production of 1,390 thousand tonnes in 3Q25. Cash conversion increased from 71% in 2Q25 to 93% in 3Q25. Capital expenditure declined from USD 130 Mn in 2Q25 to USD 40 Mn in 3Q25.
    Download
  • UAE Flag
    EARNINGS CALL INSIGHT
    30 Oct 2025
    Borouge PLC
    BUY
    AED 2.54
    AED 2.95
    +16.14%

    UAE Equity Research - Borouge PLC 3Q25 - Earnings Call Insight

    Borouge's revenue declined 9.5% YOY to USD 1.5 Bn in 3Q25, due to a decline in both sales volume and average realized price for PE and PP. Direct cost declined 8.2% YOY to USD 840 Mn in 3Q25, owing to a decline in feedstock cost and lower other variable and fixed production costs.
    Download
  • Saudi Flag
    FIRST LOOK NOTES
    28 Oct 2025
    SABIC Agri-Nutrients Co
    HOLD
    SAR 124.80
    SAR 130.00
    +4.17%

    Saudi Equity Research - SABIC Agri-Nutrients Co 3Q25 - First Look Note

    Revenue grew 23.6% YOY to SAR 3.5 Bn in 3Q25, driven by an increase in average selling prices. Average selling price increased 26% on a YOY basis and 14% QOQ basis in 3Q25, however, sales volumes declined by 2% on a YOY basis and 6% QOQ basis during 3Q25.
    Download
  • UAE Flag
    FIRST LOOK NOTES
    12 Aug 2025
    Fertiglobe PLC
    BUY
    AED 2.51
    AED 3.20
    +27.49%

    UAE Equity Research - Fertiglobe PLC 2Q25 - First Look Note

    Fertiglobe’s strong short-term market outlook is supported by tight global supply and rising demand from major buying regions, keeping prices strong. Cost savings of USD 15-21 Mn are targeted by year-end 2025, through procurement efficiencies, operational improvements, and integration synergies with ADNOC.
    Download
  • Saudi Flag
    FIRST LOOK NOTES
    11 Aug 2025
    Saudi Basic Industries Corp
    ACCUMULATE
    SAR 57.35
    SAR 65.00
    +13.34%

    Saudi Equity Research - Saudi Basic Industries Corporation (SABIC) 2Q25 - First Look Note

    Petrochemicals revenue declined 2.8% YOY and increased 2.9% QOQ to SAR 32.4 Bn in 2Q25, while Agri-Nutrients rose 32.3% YOY and 2% QOQ to SAR 3.2 Bn. Total Revenue increased 2.8% QOQ, primarily due to licensing revenue of SAR 863 Mn along with increased sales volume in 2Q25. Petrochemicals segment EBITDA declined 24.7% YOY to SAR 3.7 Bn in 2Q25, whereas Agri-Nutrients EBITDA expanded 51.2% YOY to SAR 1.2 Bn.
    Download
  • UAE Flag
    EARNINGS CALL INSIGHT
    05 Aug 2025
    Fertiglobe PLC
    BUY
    AED 2.58
    AED 3.20
    +24.03%

    UAE Equity Research - Fertiglobe PLC 2Q25 - Earnings Call Insight

    Total sales volume declined 3.6% YOY to 1.44 Mn metric tons in 2Q25, driven by a decline in own product, partially offset by rise in third-party sales. Own product sales fell 9.6% YOY to 1.26 Mn metric tons in 2Q25 driven by the impact of turnarounds in the UAE and external factors on operating rates due to planned and unplanned shutdowns, while third-party product sales rose 74.1% YOY to 0.19 Mn metric tons in 2Q25.
    Download

Filter by

Advance Search

Search Company

List of companies
Search result
Commercial International Bank (COMI) Telecom Egypt