Muhammad Alagil, CEO of Jarir Marketing Co.
Jarir Marketing Co. is expected to witness a promising performance during the fourth quarter of 2024 with an anticipated growth of more than 20% in the GCC countries, Chairman Muhammad Al Agil told Argaam in an interview. 
The company plans to open three new showrooms during the current quarter, and five others in the coming year, he said.
Al Agil also noted that e-commerce in the GCC countries and Saudi Arabia has achieved remarkable growth. He added that Jarir was able to accomplish an excellent delivery service for the electronic store requests, as 50% of the requests reached customers in less than one hour, expecting to achieve more growth for e -commerce.
He pointed out that installment sales represent more than 25% of Jarir’s sales with a growth of more than 40 %, noting that the company is currently working to improve many other aspects to enrich the customer experience, including after-sales service and installment sales.
The chairman further explained that among the company’s plans for the coming months is to develop the website and raise its efficiency, in addition to continuing to improve after-sales services.
According to data available on Argaam, Jarir’s profits fell to SAR 698.6 million by the end of the first nine months of 2024, compared to SAR 699.9 million during the same period in 2023. Q3 2024 profit rose 4% year-on-year (YoY) to SAR 308.2 million.
Muhammad Alagil, CEO of Jarir Marketing Co.
Jarir Marketing Co. is expected to witness a promising performance during the fourth quarter of 2024 with an anticipated growth of more than 20% in the GCC countries, Chairman Muhammad Al Agil told Argaam in an interview.
The company plans to open three new showrooms during the current quarter, and five others in the coming year, he said.
Al Agil also noted that e-commerce in the GCC countries and Saudi Arabia has achieved remarkable growth. He added that Jarir was able to accomplish an excellent delivery service for the electronic store requests, as 50% of the requests reached customers in less than one hour, expecting to achieve more growth for e -commerce.
He pointed out that installment sales represent more than 25% of Jarir’s sales with a growth of more than 40 %, noting that the company is currently working to improve many other aspects to enrich the customer experience, including after-sales service and installment sales.
The chairman further explained that among the company’s plans for the coming months is to develop the website and raise its efficiency, in addition to continuing to improve after-sales services.
According to data available on Argaam, Jarir’s profits fell to SAR 698.6 million by the end of the first nine months of 2024, compared to SAR 699.9 million during the same period in 2023. Q3 2024 profit rose 4% year-on-year (YoY) to SAR 308.2 million.
