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Al Iqaria FY14 losses jump 436.5%

Al Iqaria FY14 losses jump 436.5%
Photo Credit: Arabianeye-Reuters


Al Iqaria Trading Investment Company’s shareholders approved the dividends distribution for 2014, according to a filing to Palestine Exchange (PEX).
Al Iqaria’s losses reached JOD 748,800 ($1.05 million) in 2014, compared to JOD 139,600 ($196,300) in 2013, soaring 436.5%. 
The Palestine-listed investment firm’s capital amounts JOD 4.4 million, distributed on 4.4 million shares at JOD 1 par value each.