AJIB says y/y profits down 5% in 2015

Mubasher: Arab Jordan Investment Bank (AJIB) said on Thursday that its annual profit dipped 4.83% to JOD 23.1 million in 2015, versus JOD 24.3 million in 2014.

The bank’s results were affected by an increase in income tax to JOD 10.29 million last year, compared to JOD 9.28 million in 2014.

The company earlier posted a net profit of JOD 16.6 million in the first nine months of 2015, 2.34% lower compared to JOD 17 million in 2014.

Mubasher Contribution Time: 28-Jan-2016 07:43 (GMT)