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.
Jarir Marketing Q2 profit rises 14.6%
