Publisher: Maaal International Media Company
License: 465734
Jarir Marketing Company announced its estimated financial results for the first quarter ended March 31, 2025, revealing a slight decline in performance.
Net profit stood at SAR 217.3 million, down 0.91% from SAR 219.3 million in the same quarter last year.
Operating profit reached SAR 235.7 million, compared to SAR 237.5 million in Q1 2024, marking a 0.76% decrease.
Earnings per share (EPS) remained steady at SAR 0.18.
The company attributed the marginal decrease in profits to a rise in selling and marketing expenses during the quarter.