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English news

10-Apr-2016

Jarir 1Q2016 earnings fall 30% Y-o-Y as revenue drops from high base & SG&A costs see an unusual spike

Net income:  SAR174 million -30% Y-o-Y, -16% Q-o-Q, -9% versus EFGe Revenue: SAR1,417 million -26% Y-o-Y, -7% Q-o-Q, -1% versus EFGe Operating profit: SAR164 million -33% Y-o-Y, -17% Q-o-Q, -11% versus EFGe   Jarir reported expe

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