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Dimensions Investment reduces losses by 26% in H1

Dimensions Investment reduces losses by 26% in H1
Dimensions Investment
JEDI
-4.89% 5.45 -0.28
Dimensions Jordan and Emirates for Commercial Investment Corporation announced its financial statements which showed that losses decreased by 26% to JOD 109.5 thousand during the first half of 2014 against JOD 148.9 thousand during the same period of 2013.

Earnings per share declined to JOD 0.011 during H1-14 against JOD 0.015 during H1-13.

Administrational expenses of the company helped significantly in losses decrease, as it declined by 27.8% to JOD 118.7 thousand during the first half of 2014 compared with JOD 164.4 thousand during the first half of 2013.

During the second quarter, the company’s losses plunged by 38.8% to JOD 62.3 thousand against JOD 101.8 thousand during the second quarter of the last year.