July 13th, 2017 - 11:47 GMT
The financial statements of Jarir Marketing on Thursday revealed a 16.84% growth in net profits for the second quarter of 2017, whereas quarter-on-quarter the profits slid 33.24%.
Jarir Marketing Company (also popularly known as “Jarir Bookstore” or “Jarir”) was established in Riyadh in 1974 as a small bookshop. In the eighties, Jarir opened a second branch in Riyadh followed by one in the nineties.
In 2002, Jarir became a Joint Stock Company (CR No. 1010032264) and was listed in the Saudi Capital Market (Tadawul) in the year 2003. Currently, Jarir has a paid-up capital of SR 1.20 Billion. Jarir is a retailer and wholesaler of its products in Saudi Arabia and in other GCC Countries.