Jarir’s Q3 Profits Rise to SAR 308.2 Million, Up 4%

Jarir Marketing Company reported a 4% increase in net profit for the third quarter of 2024, reaching SAR 308.2 million, compared to SAR 296.3 million in the same period last year. The company announced its estimated financial results for the nine-month period ending September 30, 2024.

Operating profit for the third quarter rose by 4.9%, amounting to SAR 331.9 million, compared to SAR 316.1 million in the same quarter of the previous year.

Total equity, excluding non-controlling interests, stood at SAR 1.77 billion for the nine-month period, slightly down by 1.15% from SAR 1.79 billion in the same period last year.

Earnings per share remained consistent at SAR 0.58 in the current period, matching the figure from the same period last year.