JARIR
4190
-1.68%
15.20
-0.26
4190
Riyadh-Mubasher: Jarir Marketing, a leading bookstore and retail chain in Saudi Arabia, reported net profits of SAR 218.5 million in the third quarter of 2015, up 8% from SAR 203 million in the same quarter of 2014, according to a bourse filing.
Net profits increased 15% to SAR 620.4 million in the first nine months of 2015, compared to SAR 539.6 million in the corresponding period of 2014.
The profit growth during the third quarter and first nine months of 2015 is mainly attributed to a rise in sales of most sections, especially electronic items, in addition to an increase in other income and rent income.
Source:
Mubasher