Jarir Marketing Reports SAR 1049.2M Net Profit in 2025
JARIR 4190.SA | 0.00 |
On 2026-03-30 16:41:10 (Saudi Time), Jarir Marketing Co. announced its Annual financial results for the twelve months ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 11,365.2 | 10,619.3 | 7.02 | ||
| Gross Profit (Loss) | 1,416.2 | 1,324.5 | 6.92 | ||
| Operational Profit (Loss) | 1,124.9 | 1,052.8 | 6.85 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 1,049.2 | 974 | 7.72 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 1,049.2 | 969.3 | 8.24 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 1,762.1 | 1,744.9 | 0.98 | ||
| Profit (Loss) per Share | 0.87 | 0.81 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year |
Reasons for increase
- Increase in total sales of 7% compared to the same period last year is mainly due to rise in sales of the smartphone section, in addition to sales increase in after-sales services, and computer and tablet sections. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
Reasons for increase
- Increase in net profit is due to the rise in gross profit, which increased by 6.9% as a result of higher sales. Despite the increase in total selling and marketing expenses, general and administrative expenses, and non-operating expenses, net of other income, the percentage increase in these net expenses was less than the increase in gross profit, which led to a greater increase in net profit than the increase in gross profit, as net profit increased by 7.7%. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the presentation of the current period. |
| Additional Information |
Comprehensive income for the last year was less than net profit, mainly due to foreign exchange losses related to the subsidiary in Egypt.
The company adopts the cost model for measurement of investment properties. New showrooms were opened on 12/1/2025 inside Red Sea Mall at King Abdul Aziz Road in Jeddah, and on 11/12/2025 inside Clock Towers shopping complex in Makkah. 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. |
Year-on-Year Performance Drivers
Sales increased 7.02% YoY to SAR 11,365.2 million, primarily driven by higher smartphone sales, increased after-sales services revenue, and growth in computer and tablet sections. Net profit rose 7.72% to SAR 1,049.2 million due to the 6.92% increase in gross profit from higher sales, while the percentage increase in total operating and non-operating expenses was lower than the gross profit growth rate.
Other Items
The external auditor issued an unmodified opinion with no additional comments, disclaimers, or adverse remarks noted. No material risks or going concern issues were identified. The company reported positive financial performance with revenue of SAR 11,365.2 million and net profit of SAR 1,049.2 million. Total shareholders' equity stood at SAR 1,762.1 million with earnings per share of SAR 0.87. The company expanded operations by opening new showrooms in Jeddah, Makkah, Jubail, and Onaizah during 2025, while certain comparative figures were reclassified to conform with current period presentation.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93973&anCat=1&cs=4190&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.