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Arab Investment FY14 profit down 27%

Arab Investment FY14 profit down 27%
Photo Credit: Arabianeye-Reuters
AFIN
AFIN
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Amman-Mubasher: The Arab Financial Investment Co announced a profit decline by 26.7% in its net profits for 2014, reaching JOD 1.26 million compared to JOD 1.72 million in 2013.
The company’s H1-14 profits dropped 36.4% to JOD 673,760 compared to JOD 1.06 million in H1-13.
The Amman-listed firm’s capital amounts to JOD 15 million, distributed on 15 million shares at JOD 1 par value each.