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FINANCIAL NEWS
Saudi-Jarir revenues up 17pct in Q2 on retail sales
14 Jul 2017
(MENAFN) The fiscal statements of Jarir Marketing exposed a 17 percent increase in revenues for the second quarter of this year, while quarter on quarter the profits fell by 33.24 percent.
Moreover, the firm achieved SAR147.8mn in the cited period of the year, compared to SAR126.5mn in the same period of 2016.
The company attributed the increase in revenues to the rise in the retail department’s elect sections on the back of growth in smart phones sales.
MENAFN1407201700450000ID1095622314
MENAFN1407201700450000ID1095622314
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