Financial statements for the Real Estate and Investment Portfolio for the fiscal year (FY) ending December 31, 2014, revealed a profit surge by 4313.3% to JOD 1.6 million ($2.3 million) against JOD 37.2 THD ($52.37 THD) during the same period of 2013.
Operational revenues also soared by 1310.7% to JOD 2.145 million during the period, compared to JOD 152.09 THD.
During the first half of 2014, the firm reported a loss of JOD 81.7 THD compared to a profit of JOD 142.69 THD during the same period of 2013.
Worth noting, the Company’s capital amounted to JOD 10 million, distributed on 10 million shares at JOD 1 par value.
