الاقتصادية
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Source: الاقتصادية
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The Chairman of Jarir Company, Mohamed Al-Aqeel, confirmed that the company has not observed any purchase hesitation from consumers or concerns regarding stock availability following recent geopolitical events. He pointed out that demand remains strong. The company's profits in the second quarter increased by 19.4% to 235.6 million riyals, driven by product shortages and a reduced need for promotional discounts. E-commerce sales accounted for more than 32% of total sales, amounting to nearly 3.5 billion riyals. Jarir plans to open 5 to 6 new branches in 2026, focusing on AI technology products and expanding its market share, while continuing to improve inventory management.
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