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Jarir Marketing Q1 earnings rise 11% [Mubasher (Saudi Arabic)](Mubasher (Saudi Arabic) Via Acquire Media NewsEdge) Jarir Marketing Co. made SAR 201.3 million net earnings in Q1-14, compared with SAR 180.8 million in Q1-13, an increase of 11.34%. The earnings per share (EPS) rose from SAR 2.24 to SAR 2.01. The company said the profit increase year-over-year was due to the rise in the sales of all the sections except Computers, Tablet PCs and Electronics, which led to an increase in gross profit margin due to change in the sales mix, in addition to the growth in the number of showrooms from 32 to 34.; All Rights Reserved - Mubasher Info (c) 2014 Provided by Syndigate.info, an Albawaba.com company |