The company said in a statement to Saudi marketOn Thursday, its net profits amounted to 308.2 million riyals ($82.05 million) in the third quarter, compared to 296.3 million riyals a year ago, an increase of 4 percent.
In its statement, the company attributed the reason for this increase to the relative improvement in the profitability margin on smartphones as a result of discounts granted by suppliers.
She also added Jarir Marketing Profits have increased as a result of higher other income.
The net profit for the first nine months of the current year amounted to 698.6 million riyals, compared to 699.9 million riyals in the corresponding period of 2023.