Jarir Marketing Co (4190)

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News

24 November 2020 04:45 PM Jarir Marketing opens new store in Dawadmi governorate

Riyadh- Mubasher: Jarir Marketing Company on Tuesday inaugurated a new showroom on King Abdelaziz Road in Dawadmi governorate with SAR 27 million worth of investments. The 3,721-square meter outlet is Jarir’s 53rd outlet in the kingdom and the …

Companies Investments

4 November 2020 09:51 AM Jarir Marketing proposes SAR 252m dividends for Q3

Riyadh- Mubasher: Jarir Marketing Company’s board recommended distributing cash dividends of SAR 252 million to shareholders for the third quarter (Q3) of 2020. This represents 21% of the share’s nominal value or SAR 2.10 per share, according to a …

Board of Directors

11 October 2020 04:20 PM Jarir Marketing profits slide 16.3% in Q3

Riyadh- Mubasher: Jarir Marketing Company reported profits of SAR 255.2 million during the third quarter (Q3) of 2020, a decline of 16.3% when compared to SAR 305 million in the year-ago quarter. This drop was ascribed to a decrease in sales of …

Financial Results

11 August 2020 09:22 AM Jarir Marketing’s quarterly earnings rise 23%; dividends proposed

Riyadh- Mubasher: Jarir Marketing Company posted a 23.24% growth in profits over the second quarter (Q2) of the year, recording SAR 208.4 million in net earnings, compared to SAR 169.1 million in the same period in 2019. The increase in the …

Cash Dividends

28 July 2020 10:32 AM Jarir Marketing opens new showroom in Sakaka

Riyadh- Mubasher: Jarir Marketing Company on Monday, 27 July, inaugurated a new outlet in King Fahd Road in Sakaka area with investments worth SAR 23 million. The 4,200-square meter store is Jarir’s 51st outlet in the kingdom and the 61st in …

Companies Investments

16 July 2020 09:35 AM Jarir Marketing sees 23% higher profits in Q2-20

Riyadh – Mubasher: The net profits after Zakat and tax of Jarir Marketing Company surged by 23.24% to SAR 208.4 million during the second quarter (Q2) of 2020, compared to SAR 169.1 million in the same quarter of 2019. The rise in net profits is …

Financial Results

11 June 2020 11:42 AM Jarir Marketing’s earnings up 7% in Q1; dividends proposed

Riyadh – Mubasher: Jarir Marketing Company has achieved a net profit after Zakat and tax of SAR 251.7 million over the first quarter (Q1) of 2020, 7.7% higher than SAR 233.7 million in the same period in 2019. Revenues surged by 24% on an annual …

Financial Results

12 March 2020 04:13 PM Jarir Marketing proposes SAR 2.2/shr dividend for Q4-19

Riyadh – Mubasher: The board of directors of Jarir Marketing Company recommended a cash dividend distribution of 22% of the company’s capital or SAR 2.2 per share for the fourth quarter of 2019. The board agreed to distribute a total of SAR 264 …

Event

30 January 2020 10:26 AM Jarir Marketing’s 2019 profit rises to SAR 985m on smartphone sales

Riyadh – Mubasher: Jarir Marketing Company reported a 2.57% year-on-year profit increase during 2019. Net profits after zakat and taxes amounted to SAR 984.7 million last year, compared to SAR 960 million in 2018, the company said in a statement …

Financial Results

12 January 2020 11:07 AM Jarir Bookstore opens in Medina Airport

Riyadh – Mubasher: Jarir Marketing Company announced that Jarir Bookstore opened a new showroom in Prince Muhammad bin Abdulaziz International Airport in Medina on Friday 10 January 2020. This showroom brings the total number of Jarir Bookstore in …

Companies Investments

11 December 2019 02:58 PM Jarir Marketing signs service contact with Rubeen

Riyadh – Mubasher: Jarir Marketing Company announced a contract sign off with Rubeen Al Arabia Company, according to a statement to the Saudi Stock Exchange (Tadawul). The contract provides management, operation and maintenance services, not …

Companies Investments

6 November 2019 10:42 AM Jarir Marketing posts SAR 305m profits in Q3

Riyadh – Mubasher: Jarir Marketing Company reported a 5.9% year-on-year increase in profits for the third quarter of 2019, registering SAR 305 million. Total revenues jumped by 16.5% to SAR 2.25 billion in Q3-19, compared to SAR 1.93 billion in …

Financial Results

13 October 2019 03:18 PM Al Rajhi Capital maintains Jarir Marketing’s TP at SAR 171/shr

Riyadh – Mubasher: Al Rajhi Capital Research has maintained Jarir Marketing’s target price (TP) at SAR 171 per share, with a ‘’Neutral’’ recommendation. Jarir Marketing’s margins are predicted to tighten in the future, consequent with the …

Financial Results

10 October 2019 10:41 AM Jarir Marketing logs SAR 305m profits in Q3

Riyadh – Mubasher: Jarir Marketing Company reported its estimated financial results for the third quarter of 2019. Net profits after zakat and tax increased by 5.9% to SAR 305 million in Q3-19, compared to SAR 288 million in Q3-18, according to …

Company News

6 August 2019 11:19 AM Jarir Marketing generates SAR 4bn revenues in 6M

Riyadh – Mubasher: Jarir Marketing Company reported its initial financial statements for the second quarter of 2019. Net profits after zakat and tax went up 3.9% to SAR 169.1 million in Q2-19, compared to SAR 162.6 million in Q2-18, according to …

Financial Results

4 August 2019 02:05 PM Jarir Marketing opens new showroom in Riyadh

Riyadh – Mubasher: Jarir Marketing Company has inaugurated a new showroom in the eastern ring road in Riyadh on Thursday, 1 August. This is considered the 49th showroom in Saudi Arabia, and the 59th of its total showrooms inside and outside the …

Companies Investments

14 July 2019 09:22 AM Jarir Marketing's estimated financials log SAR 169m profits in Q2

Riyadh – Mubasher: Jarir Marketing Company announced the estimated financial results for the three-month period ended 30 June 2019. Net profits after zakat and tax increased by 3.9% to SAR 169.1 million in Q2-19, compared to SAR 162.6 million in …

Company News

24 June 2019 05:30 PM Jarir pens SAR 8m lease deal with Sehat Al-Sharq Medical

Riyadh – Mubasher: Jarir Marketing Company has signed a lease deal with Sehat Al-Sharq Medical Company valued at SAR 8 million per year. Under the 20-year deal, Sehat Al-Sharq will lease Jarir’s residential building in the Saudi city of Al Khobar, …

Companies Investments

14 May 2019 09:59 AM MSCI adds 30 Saudi companies to EM Index

Riyadh – Mubasher: MSCI Inc. has added the MSCI Saudi Arabia index to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review. The US-based index compiler said the stocks of 30 Saudi firms will be added, accounting for …

Trading Activities

5 May 2019 06:35 PM Aljazira Capital maintains “neutral” on Jarir Marketing

Riyadh – Mubasehr: Jarir Marketing Company is expected to boost its revenue growth on the back of an increase in market share through store expansion and higher online sales, according to a report released by Aljazira Capital on Sunday. The …

Stock Evaluations

2 May 2019 02:01 PM Jarir Marketing’s stock sees SAR 15m private deal Thursday

Riyadh – Mubasher: Jarir Marketing Company’s stock on Thursday saw a private transaction at a value of SAR 15 million on the Saudi Stock Exchange (Tadawul). The deal saw trading of 84,500 shares at SAR 177.40 a piece, according to a statement.  …

Trading Activities

1 May 2019 10:45 AM Jarir to distribute SAR 1.9/shr dividends for Q1

Riyadh – Mubasher: Saudi Arabia-based Jarir Marketing Co announced that the company’s board of directors had nodded to distribute a cash dividend of SAR 1.9 per share with a total value of SAR 228 million for the first quarter of 2019. Dividends …

Board of Directors

30 April 2019 04:37 PM Jarir Marketing opens its 3rd showroom in UAE

Riyadh – Mubasher: Saudi Arabia-based Jarir Marketing Co has inaugurated a new showroom in Al Ain city, the UAE with total investments of SAR 14 million ($3.73 million). Marking its third showroom in the UAE, the facility is the company’s third …

Companies Investments

22 April 2019 01:09 PM Jarir Marketing to set up $10m showroom in Bahrain

Riyadh – Mubasher: Jarir Marketing Co. announced the establishment of its first branch in Bahrain with total investments of about BHD 4 million ($10 million). First Bahrain Real Estate Development Company (First Bahrain) will carry out the …

Macroeconomics

21 April 2019 03:43 PM Jarir Marketing’s Q1 profit rises on top-line growth – NCB Capital

Riyadh – Mubasher: Jarir Marketing Co. reported a 6.7% year-on-year net profit increase for the first quarter of 2019, supported by robust top-line growth, according to a report released by NCB Capital (NCBC) on Sunday. Jarir’s net profits, after …

Financial Results