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Jareer’s Quarterly Profits Increase to 235.6 Million Riyals via Sales Boost
Jarir Marketing Company announced an increase in its net profits during the second quarter of 2026 by 19.47% year-over-year, reaching 235.6 million Riyals compared to 197.2 million Riyals in the same period last year. This was driven by a 24% growth in gross profit and an improvement in profit margins, despite a 7.06% quarterly decline in profits due to lower sales and some increase in expenses. Revenues also rose by 7.16%, reaching 2.774 billion Riyals. Meanwhile, the first-half results showed a 17.97% increase in profits and a 10.81% rise in revenues.
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