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Saudi- Jarir Marketing Q2 profit rises 14.6
(MENAFN- Arab News) JEDDAH: Jarir Marketing Saudi Arabia's second-largest retailer reported a 14.6 percent rise in second-quarter net profit.
The company made a net profit of SR154.9 million ($41.30 million) in the three months ending June 30 compared with SR135.2 million a year earlier it said in a statement.
Seven analysts polled by Reuters had forecast on average a quarterly net profit of SR158.7 million.
The company made a net profit of SR154.9 million ($41.30 million) in the three months ending June 30 compared with SR135.2 million a year earlier it said in a statement.
Seven analysts polled by Reuters had forecast on average a quarterly net profit of SR158.7 million.
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