Jarir Marketing Co. announces its Estimated Financial results for the period ending on 2018-09-30 ( Nine Months )
ELEMENT LIST | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CHANGE | PREVIOUS QUARTER | % CHANGE |
| Sales/Revenue | 1,932.1 | 1,651.8 | 16.969 | 1,693.3 | 14.102 |
| Total Profit (Loss) | 338.6 | 290.7 | 16.477 | 212.5 | 59.341 |
| Profit (Loss) Operational | 285.1 | 242.4 | 17.615 | 156.4 | 82.289 |
| Net Profit (Loss) after Zakat and Tax | 288 | 246.5 | 16.835 | 162.6 | 77.121 |
| Total Comprehensive Income | 288 | 246.5 | 16.835 | 162.6 | 77.121 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
ELEMENT | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | % CHANGE | ||
| Sales/Revenue | 5,224.8 | 4,941.5 | 5.733 | ||
| Total Profit (Loss) | 793.8 | 730.8 | 8.62 | ||
| Profit (Loss) Operational | 651.6 | 588.6 | 10.703 | ||
| Net Profit (Loss) after Zakat and Tax | 669.7 | 615.7 | 8.77 | ||
| Total Comprehensive Income | 669.7 | 615.7 | 8.77 | ||
| Total Share Holders Equity (after deducting minority equity) | 1,688.2 | 1,593.8 | 5.922 | ||
| Profit (Loss) per Share | 7.4 | 6.8 |
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| All figures are in (Millions) Saudi Arabia, Riyals | |||||
ELEMENT | EXPLAINATION |
| Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year | Reason for increase to Increase in sales of most of sections particularly electronics section driven by smart phones sales. Increased number of showrooms from 49 to 53 partly contributed to increased retail sales. |
| Reason for increase (decrease) in net profit for current quarter compared to the previous quarter | :Reason for increase to - Increase in sales of most of section boosted by back to school season - Improved profit margin as a result of the change in sales mix - Decrease in selling & marketing expenses |
| Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year | :Reason for increase to - Increase in sales of some retail sections particularly electronics section driven by smart phone sales and video games section. Increased number of showrooms from 49 to 53 partly contributed to increased retail sales. - Relative improvement of profit margins of some sections due to the continuing improvement in products management. - Decrease of selling & marketing .expenses |
| Type of the external auditor's opinion | Unmodified opinion |
| External auditor's report containing reservation | These estimated financial results for the period ended September 30, 2018 are prepared by the management of the Company and these results are not reviewed by the external auditors. |
| Reclassifications in quarter financial result | Certain comparative figures of the prior period have been reclassified to conform with the presentation of the current period. |
| Additional Information | Three new showrooms were opened during the period on 1/1/2018, .28/2/2018 and 15/8/2018 |