- RIYADH: Jarir Marketing Company (JMC) has announced its estimated financial results for the period ending March 31, 2012.
For the first quarter ended March 31, Jarir achieved an estimated net profit of SR164.2 million, an increase of 20 percent compared to the same period last year (SR136.8 million) and an increase of 31.6 percent compared to Q4 2011 (SR124.8 million).
The total estimated gross profit for Q1 ended March 31 amounted to SR190.2 million, an increase of 16.9 percent compared to the same period last year (SR162.7 million).
The estimated operating profit for Q1 ended March 31 amounted to SR160.8 million), an increase of 18.7 percent compared to the same period last year (SR 135.5m).
The estimated earnings per share (EPS) for the three months ended March 31was SR2.74 compared to SR2.28 for the same period last year.
The estimated turnover for the Q1 amounted to SR1196.2 million, an increase of 26.5 percent compared to the same period last year (SR945.6m).

