Amad Investment turns to loss in H1-15

Mubasher: Amad Investment and Real Estate Development Co. logged JOD 138,800 ($195,300) in net loss for the first half of 2015, against JOD 180,140 ($253,320) net profit reported in the same period a year earlier, according to a bourse filing sent Sunday.

The Amman-listed company also posted JOD 76,960 ($108,200) in loss for the first quarter of 2015, versus JOD 139,240 ($195,890) in net profit in Q1-14.

Capitalised at JOD 8 million, the company operates in real estate investment.

Mubasher Contribution Time: 11-Oct-2015 09:53 (GMT)