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Al Eqbal posts 26% rise in Q2 profits

Al Eqbal posts 26% rise in Q2 profits
Photo Credit: Arabianeye-Reuters
Al Eqbal Investment
EICO
-1.79% 13.10 -0.24

Mubasher: Al Eqbal Investment Co. recorded a 25.66% year-on-year rise in profits in the second quarter of 2016, to JOD 9.91 million ($13.99 million) compared to JOD 7.89 million ($11.14 million).

Profits also increased 20.8% in the six-month period ended 30 June 2016, to JOD 20 million, from JOD 16.55 million in H1-15, according to a statement to the Amman Stock Exchange (ASE).