Tuesday 19 March 2024
 
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Jarir Marketing

Jarir Marketing Q1 net profit down 29.5pc

Jarir Marketing, one of Saudi Arabia's largest retailers by market value, posted a 29.5 per cent fall in first-quarter net profit on Sunday, below analysts' estimates, as sales fell, especially of smart phones and other electronics.

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Jarir Marketing Q3 profit up 7.6pc

Jarir Marketing, Saudi Arabia's largest retailer by market value, posted a 7.6 per cent rise in third-quarter net profit on Thursday, in line with analysts' forecasts. It made a profit of SR218.5 million ($58.3 million) in

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Jarir Marketing to double stores over five years

Saudi Arabian retailer Jarir Marketing Co plans to invest SR1.1 billion ($293 million) over the next five years to roughly double the number of its stores in Saudi Arabia and the Gulf, its chairman said. The kingdom's largest

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Jarir Marketing Q3 net profit climbs 9pc

Saudi Arabian retailer Jarir Marketing met analyst expectations as it posted a 9 per cent increase in third-quarter net profit on Monday due to higher sales. Jarir made a net profit of SR203 million ($54.1 million) in the three mo

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Jarir marketing Q1 net up 11.3pc

Saudi Arabia's Jarir Marketing posted an 11.3 percent increase in first-quarter net profit on Sunday, although slower year-on-year sales growth meant the retailer marginally missed the average view of analysts. Jarir made 201.

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Jarir Marketing Q2 profit jumps 17.9pc

Saudi Arabian retailer Jarir Marketing said on Sunday its second-quarter net profit climbed 17.9 percent on the back of increased sales, with smart phones the primary driver.   The retailer said its net profit wa

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Saudi Jarir Q4 profit seen up 21pc

Saudi bookseller Jarir Marketing Company said its estimated fourth quarter profit jumped 21 percent on the year to 125 million riyals ($33 million) based on increased computer and technology sales, a regulatory filing said on Wednesday. Ac

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Saudi retailer's Q1 net profit rises 10pc

Higher sales spurred Saudi-based office supplies and electronics retailer Jarir Marketing's net profit by 10 per cent in the first-quarter, putting pressure on the firm to meet a higher growth forecast for this year. Electronics sales

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