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Arab Center for Pharmaceutical reduces losses by 31%

Arab Center for Pharmaceutical reduces losses by 31%
Arab Pharma Chemicals
APHC
-4.16% 0.69 -0.03
Losses of Arab Center for Pharmaceutical and Chemical declined during the first half of 2014 by 31% to JOD 488.15 thousand against JOD 705.8 thousand in the same period of 2013.

Financial statements of the company showed that sales losses declined to JOD 25.2 thousand in the first half from JOD 142 thousand last year.

Losses per share hit JOD 0.098 in the first half this year against JOD 0.141 in the first half last year.

In the second quarter of 2014, losses rose by 3.2% to JOD 207.7 thousand compared to JOD 201.3 thousand in the second quarter of 2013.