Jordan’s Darat FY14 loss plunges 68%


Cairo-Mubasher: Darat Jordan Holdings announced its financial results to the Amman Stock Exchange (ASE) for the fiscal year 2014, during which it reported a plunge in loss by 67.98% to JOD 77.5 thousands ($108.85 thousands) compared to JOD 242.13 thousands ($340 thousands) during the fiscal year 2013.  


Darat turned to profit amounting to JOD 1.5 thousands during the first half of 2014, compared to a loss of JOD 313.15 thousands during the same period of 2013.


It is worth mentioning that the company’s capital amounts to JOD 15 million, distributed on 15 million shares.


 

Mubasher Contribution Time: 17-Feb-2015 08:47 (GMT)