4190 · 14/07/2025 08:06:52 · Announcement #88736 · View on Saudi Exchange

Jarir Marketing Company announces the estimated financial results for the period ending on 30-06-2025 (Six Months)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 2,648.32,650-0.0642,720.2-2.643
Gross Profit (Loss) 274.4262.54.533302.7-9.349
Operational Profit (Loss) 216.918914.761235.7-7.976
Net profit (Loss) 197.2171.115.254217.3-9.249
Total Comprehensive Income 197.6169.216.784217.3-9.065
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 5,368.55,299.81.296
Gross Profit (Loss) 577.1557.13.59
Operational Profit (Loss) 452.6426.56.119
Net profit (Loss) 414.5390.46.173
Total Comprehensive Income 414.9383.48.215
Total Shareholders Equity (after Deducting Minority Equity) 1,655.81,6510.29
Profit (Loss) per Share 0.350.33
All figures are in (Millions) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses --
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is Reasons for decrease

- Despite increased sales of several sections, total sales during the current quarter witnessed a marginal decrease compared to the same quarter of the previous year, impacted by a decline in sales of the video games section.The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Reasons for increase

- Despite the marginal decrease in sales, net profit grew by 15.3%, due to:

-Increase in gross profit of 4.5%, driven by increased sales of after-sales service being relatively highly profitable, and driven also by a relative improvement in profit margins.

- Increase of other income.The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Reasons for decrease

Decrease in total sales of 2.6% compared to the previous quarter of this year is mainly due to a decline in sales of the smartphone section.The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Reasons for decrease

Net profit decreased by 9.2% during the current quarter compared to the previous quarter of the current year due to:

- Decrease in sales of 2.6%.

- Greater decrease in gross profit than sales, as gross profit decreased by 9.3% due to a relative decrease in profit margin compared to the previous quarter of the current year.The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is Reasons for increase

-Increase in total sales of 1.3% is mainly due to increased sales in the smartphone, after-sales service, computers, and tablets sections.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Reasons for increase

- Sales increase by 1.3%.

- Gross profit increase by 3.6%, which is higher than the increase in sales due to a relative improvement in profit margins in certain sections and due to the increase in sales of after-sales service being relatively highly profitable.

- Increase in other income.Statement of the type of external auditor's report Unmodified conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) These estimated financial results for the period ended June 30, 2025 are prepared by the management of the Company and have not yet been reviewed by the external auditor.Reclassification of Comparison Items NoneAdditional Information Comprehensive income for the same period last year was less than net profit, mainly due to the exchange losses related to the subsidiary in Egypt as a result of the Egyptian authorities’ decision to devalue the Egyptian pound against foreign currencies, including the Saudi Riyal.

The company adopts the cost model for measurement of investment properties.

A new showroom was opened on 12/1/2025 inside Red Sea Mall at King Abdul Aziz Road in Jeddah. Moreover, a showroom was opened on 24/2/2025 in Al-Fanateer district in Jubail Industrial City, as a replacement for the showroom in Al-Huwailat district in Jubail, and a showroom on 4/6/2025 in Onaizah city as a replacement for the showroom in the same city.

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