Sabaek Q1 profit drops 92%

Amman-Mubasher: Sabaek Invest Company reported a 92.17% plunge in profit to JOD 9,160 ($12,900) in the first quarter of 2015, compared to JOD 117,020 ($164,600) in Q1-14, according to a filing to Amman Stock Exchange.

The Amman-list company previously posted a profit of JOD 64,010 in 2014, compared to JOD 171,990 in 2013, recording a decline of 62.8%.

Sabaek’s capital amounts to JOD 8 million, distributed on 8 million shares.

Mubasher Contribution Time: 28-Apr-2015 12:53 (GMT)