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English news

10-Jan-2016

Jarir 4Q2015: Flattish bottom-line Y-o-Y as solid margins offset lower revenue; earnings slightly below estimate

Net income – SAR208 million, +1% Y-o-Y, -5% Q-o-Q, -5% versus EFGe Revenue – SAR1,524 million, -4% Y-o-Y, -1% Q-o-Q, -12% versus EFGe   Jarir Marketing reported its preliminary 4Q2015 results, posting a flattish net income (+1% Y-o-Y) of

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