Jarir Marketing Earns 863M SAR in Nine-Month Profit
Riyadh, Saudi Arabia — Jarir Marketing Company posted a net profit of 863 million SAR for the nine months ending September 30, 2026, up 16.7% from 739.4 million SAR in the same period last year. Stronger gross margins across most product segments drove the gain, with the company needing fewer discounted promotions than in the […] The post Jarir Marketing Earns 863M SAR in Nine-Month Profit…
Riyadh, Saudi Arabia — Jarir Marketing Company reported an 863 million SAR net profit for the nine months ending September 30, 2026, representing a 16.7% increase from 739.4 million SAR in the comparable period last year. Stronger gross margins across most product segments contributed to the profit gain, as the company required fewer discounted promotions due to enhanced product availability.
Revenue increased to 8.97 billion SAR, a 9.7% year-on-year rise, primarily driven by smartphone sales. Gross profit expanded by 16.6% to 1.18 billion SAR, resulting in a higher gross margin. Earnings per share stood at 0.72 SAR, up from 0.62 SAR the previous year.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
