Jarir Marketing Company announces the estimated financial results for the period ending on 31-03-2026 (Three Months)

- Sales increase of 14.4% is due to increased sales in most sections especially the smartphone section.

- The increase in net profit is attributed to gross profit at 12.9% , driven by higher sales. Although the selling and marketing, general and administrative expenses, along with non-operating expenses (net of other income), have increased in total, the proportion of their total to gross profit was lower compared to the previous year, resulting in a larger increase in net profit of 16.7% compared to the growth in gross profit.

- Sales decrease of 4.9% compared to the previous quarter which achieved record quarterly sales, is due to the decline in sales in certain departments, especially the smartphone department.

- Despite sales decrease of 4.9%, gross profit witnessed a larger decline of 15.2%, mainly due to a relative decrease in profit margins across certain sections compared to the previous quarter. While selling and marketing, general and administrative expenses, along with non-operating expenses (net of other income), have decreased in total, they represented a higher percentage of gross profit compared to the previous quarter, resulting in a larger decrease in net profit of 18.2% compared to the decrease in gross profit.

The company adopts the cost model for measurement of investment properties.

Two new showrooms were opened during the current period on 26/1/2026 inside Al Alya Mall in Madinah and on 17/2/2026 inside Al Baha Square commercial complex in Al-Baha.