Riyadh-Mubasher: Jarir Marketing Co. (JMC) opened on Thursday a new showroom in Jeddah, bringing the total number of its showrooms to 34 inside Saudi Arabia and 40 inside and outside the kingdom, the company said in a statement to Tadawul on Sunday.
The new showroom cost more than SAR 23 million, with Saudi nationals representing 46% of total employees in the showroom, Jarir added.
The launch will play a major role in increasing the company’s turnover and profitability, the statement added, noting that the relevant financial impact is expected to materialise in the fourth quarter of 2015.
