The initial financial results of Jarir Marketing Company recorded an increase in profits by 6.78%, bringing after zakat and tax to 272.5 million riyals in the third quarter of 2021, compared to 255.2 million riyals In the same quarter of 2020.
And according to Arab Net, Jarir Marketing said in a statement that the reason for the increase is due to the increase in sales of some departments, especially the departments of school and office supplies and smart phones, due to the partial return of the school season in the current quarter and the launch of the new version of the iPhone smartphone compared to the same quarter of last year, which did not witness Either event. The increase is also due to the increase in other revenues.
On a quarterly basis, the company's net profit increased by 44.03%, compared to a net profit of about 189.2 million riyals in the second quarter of 2021.
During the first nine months of this year, the net profit of Jarir Marketing Company after zakat and tax increased by 1.97% to reach 729.4 million riyals, compared to 715.3 million riyals in the period Similar from 2020.
