Al Amal Financial 9M profit rises 78.53%

Mubasher: Jordan’s Al Amal Financial Investment posted Sunday a profit of JOD 965, 950 (about $1.35 million) in the first nine months of 2015, a riseby 78.53%, compared to JOD 541, 020 ($760, 010) in the same period last year, according to the company’s bourse filing.

The financial statements also showed a rise of in the commissions based on profit margin to JOD 502, 800, versus JOD 114, 200 in the same period 2014.

The company earlier reported a 20.66% y/y increase in H1-15 profit to JOD 504, 510 (about $709, 480), compared to JOD 418, 120 ($588,000) in the prior-year period.

Mubasher Contribution Time: 08-Nov-2015 07:42 (GMT)