By: Majed Al-Shabib
Riyadh-Mubasher: Jarir Marketing is planning on increasing the number of its branches by the end of 2016, chairman Muhammad Al Agil told Mubasher.
Jarir is expected to launch six branches in 2016, facing the slowdown of sales, the chairman said, noting that the retail sector may suffer a slowdown in 2016 due to decreasing oil prices.
Meanwhile, the Saudi firm achieved profits worth SAR 174.1 million in the first quarter of 2016, compared to SAR 247 million in Q1-15.
