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Trade Facilities profits down 6% to JOD 833 THD

Trade Facilities profits down 6% to JOD 833 THD
Al Tas-Heelat
TJSF
4.76% 1.98 0.09
Profits of Jordan Trade Facilities PLC declined by 5.6% to JOD 832.5 thousand in the first half of 2014 compared with JOD 882.4 thousand in the same period of 2013.

Total income of the company plunged by 5.1% to JOD 839.7 thousand in the first half this year compared with JOD 885.1 thousand in the same period last year.

Earnings per share dived to JOD 0.051 in H1-14 against JOD 0.054 in H1-13.

The company’s financial statement showed that total revenues increased by 9% to JOD 3.3 million from JOD 3.03 million in the first six months last year.

It is worth mentioning that the company’s profits had increased in the second quarter of 2014 by 19.5% to JOD 409.5 thousand compared with JOD 508.8 thousand in the same quarter of 2013.