Jarir Marketing profits edge up in Q3

Riyadh - Mubasher: Jarir Marketing reported a marginal growth in earnings in the third quarter of 2016 rise to SAR 220 million ($58.67 million) compared to SAR 218.5 million ($58.27 million).

This indicates a 0.7% year-on-year and a 71.2% quarter-on-quarter increase net profits.

The q-o-q rise is attributed to the decrease in nonoperational expenses, according to yhe company’s statement to the Saudi Stock Exchange (Tadawul).

Mubasher Contribution Time: 06-Oct-2016 18:37 (GMT)
Mubasher Last Update Time: 06-Oct-2016 18:37 (GMT)