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Mediterranean Tourism announces JOD 1.6 mln

Mediterranean Tourism announces JOD 1.6 mln
Mediterranean Tourism
MDTR
4.97% 1.90 0.09
Mediterranean Tourism Investments announced that its profits declined by 13.7% to JOD 1.61 million in the first half of 2014 compared with JOD 1.86 million in the same period of 2013.

Earnings per share declined to JOD 0.036 in H1-14 against JOD 0.042 in H1-13.

Financial statement of the company showed that revenues resulted from operating Four Seasons Hotel increased by 1.9% to JOD 9.6 million in the first half this year compared with JOD 9.4 million in the same period last year.

Profits of the company had decreased by 16.3% to JOD 1.05 million in the second quarter of 2014 compared with JOD 1.26 million in the second quarter of 2013.