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English news

13-Jul-2016

Jarir 2Q16 earnings fall 17% Y-o-Y on weaker margins; below estimate

Net income:  SAR128.5mn -17% Y-o-Y, -26% Q-o-Q, -14% vs. EFGe Revenue: SAR1,390.7mn, -1% Y-o-Y, -2% Q-o-Q, +2% vs. EFGe Operating profit: SAR116.1mn, -23% Y-o-Y, -29% Q-o-Q, -20% vs. EFGe   Jarir reported weak 2Q16 preliminary n

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