Jarir’s profits increased by 5.4% to 324.9 million riyals in the third quarter
Jarir Marketing Company’s profits increased in the third quarter of 2025 by 5.4% to 324.9 million riyals, compared to 308.2 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"The reason for the increase is due to:
– The increase in net profit is due to an increase in total profit, which increased by 5.2% as a result of the increase in sales. The reason for the increase in total profit at a rate less than the percentage of increase in sales is due to the relative decline in profit margins for some departments and as a result of the change in the sales mix towards the relatively less profitable departments.
The reason for the increase on a quarterly basis is due to:
– The increase in net profit leads to an increase in total profit, which increased by 59%. In addition to the increase in sales, the increase in total profit is also due to the positive change in the sales mix in favor of departments with relatively higher profitability, such as school and office supplies departments and after-sales services, and also due to the relative improvement in the profitability margin on smart phones as a result of discounts granted by suppliers.
– Despite the increase in total selling and marketing expenses, administrative and general expenses, and non-operating expenses, less other revenues, the percentage increase in these net expenses was less than the increase in gross profit, which led to Net profit increased by a greater percentage than the increase in total profit, as net profit increased by 64.8%.
The reason for the increase during the first nine months compared to the same period last year is due to:
– The increase in net profit due to the increase in total profit, which increased by 4.3% as a result of the increase in sales.
– There was no significant increase in the total selling and marketing expenses, administrative and general expenses, and non-operating expenses, less other revenues, which led to an increase in net profit by a greater percentage than The increase in total profit, as net profit increased by 5.8%.
Dividend Distribution
The Board of Directors of Jarir Marketing Company decided, today, to distribute cash dividends to shareholders for the third quarter of 2025.
The company said in a statement on its website "Saudi Arabia trading": The total amount distributed: 336 million riyals.
She added that the number of shares eligible for dividends is 1,200 million shares, while the share of the distribution is 0.28 riyals.
She stated that the eligibility date: 05-19-1447, corresponding to 11-10-2025, while the distribution date will be 05-28-1447, corresponding to 2025-11-19.
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