Jarir Marketing Co. announced earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported net profit of SAR 147.8 million compared to SAR 126.5 million a year ago. Operational profit was SAR 133.2 million compared to SAR 116.2 million a year ago. The reason for increase for quarter compared with same quarter last year was due to increase in retail sales of smart phones which is partly due to increased market share, increase in number of retail showrooms from 42 to 47 and relative improvement of profit margins of some sections. For the six months, the company reported net profit of SAR 369.2 million or SAR 4.1 per share compared to SAR 301.4 million or SAR 3.35 per share a year ago. Operational profit was SAR 346.2 million compared to SAR 282.9 million a year ago.