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Jarir Q3 profit hits 374M Riyals
Jarir Marketing Company achieved a net profit of 374 million SAR in the third quarter of 2026, representing a 15.11% increase compared to the same period in 2025. Profits also rose by 58.74% on a quarterly basis, driven by a 46.7% increase in gross profit, attributable to an improved sales mix and higher sales in more profitable segments, particularly school supplies and electronic devices. For the first nine months of the year, profits increased by 16.71% to 863 million SAR, with revenues growing by 9.73% to approximately 8.97 billion SAR, driven by increased sales and margin expansion, in conjunction with the opening of new branches and expansion of the showroom network.
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