Jarir Advertising Firm (Jarir Bookstores) posted a 1.39% year-on-year (YoY) decline in internet revenue after Zakat and tax to SAR 247.80 million in the course of the first quarter (Q1) of 2023, versus SAR 251.30 million.
The revenues hit SAR 2.71 billion in the January-March 2023 interval, up 18.83% from SAR 2.28 billion, in accordance with the estimated monetary results.
Within the first three months (3M) of 2023, the earnings per share (EPS) retreated to EGP 2.07 from EGP 2.09 in 3M-22.
On a quarterly foundation, the Q1-23 internet income after Zakat and tax dropped by 7.40% from SAR 267.60 million in This autumn-22, whereas the revenues elevated by 5.44% from SAR 2.57 billion.
Final March, Jarir disbursed money dividends value SAR 264 million, equal to 22% of its capital, for the fourth quarter (This autumn) of 2022.
In January-December 2022, the Tadawul-listed agency registered internet income after Zakat and tax amounting to SAR 969.80 million, down 2.23% YoY from SAR 991.90 million.
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