Jarir Marketing Co. (JMC) reported a net profit of SAR 414.5 million for H1 2025, a rise of 6% from SAR 390.4 million a year earlier.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 5,299.80 | 5,368.47 | 1.3 % |
Gross Income | 557.12 | 577.10 | 3.6 % |
Operating Income | 395.34 | 400.19 | 1.2 % |
Net Income | 390.41 | 414.47 | 6.2 % |
Average Shares | 1,200.00 | 1,200.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.33 | 0.34 | 3.1 % |
EPS (Riyal) | 0.33 | 0.35 | 6.2 % |
The positive performance is attributed to an increase in total sales by 1.3% due to higher sales in smartphones, after-sales services, computers, and tablet segments.
Gross profit rose by 3.6%, which is higher than the growth in sales, due to a relative improvement in profit margins in certain segments and an increase in sales of after-sales services, which have relatively higher profitability.
Meanwhile, other income increased.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 2,649.95 | 2,648.29 | (0.1 %) |
Gross Income | 262.47 | 274.43 | 4.6 % |
Operating Income | 174.22 | 216.90 | 24.5 % |
Net Income | 171.09 | 197.18 | 15.3 % |
Average Shares | 1,200.00 | 1,200.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.14 | 0.15 | 8.2 % |
EPS (Riyal) | 0.14 | 0.16 | 15.3 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 2,720.18 | 2,648.29 | (2.6 %) |
Gross Income | 302.67 | 274.43 | (9.3 %) |
Operating Income | 215.03 | 216.90 | 0.9 % |
Net Income | 217.29 | 197.18 | (9.3 %) |
Average Shares | 1,200.00 | 1,200.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.18 | 0.15 | (14.8 %) |
EPS (Riyal) | 0.18 | 0.16 | (9.3 %) |
The second-quarter net earnings increased by 15% to SAR 197.2 million from SAR 171.1 million in Q2 2024.
Jarir’s net earnings dropped by 9.2% from SAR 217.3 million in Q1 2025.
Shareholders’ equity, no minority interest, reached SAR 1.655 billion as of June 30, 2025, from SAR 1.651 billion a year ago.
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