Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) registered SAR 217.30 million in net profit during the first quarter (Q1) of 2025, down 0.91% year-on-year (YoY) from SAR 219.30 million.
Revenues increased by 2.65% to SAR 2.72 billion in Q1-25 from SAR 2.64 billion as of 31 March 2024, according to the financial results.
The earnings per share (EPS) hit SAR 0.18 as of 31 March 2025, unchanged from Q1-24
Quarterly, the Q1-25 net profits plummeted by 21.06% from SAR 275.30 million in October-December 2024, while the revenues dropped by 5.06% from SAR 2.86 billion.
Jarir Bookstores witnessed higher net profits at SAR 974 million in 2024, compared to SAR 973 million in 2023.