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Arab International Hotels profits up 115%

Arab International Hotels profits up 115%
Arab International Hotels issued its financial statement which showed that profits during the first half of 2014 increased by 114.7% to JOD 2.36 million compared to JOD 1.1 million during the first half of 2013.

The company’s portion of allied companies’ sales profits increased to JOD 1.6 million during the first half of 2014 against JOD 588 thousand during the same period of 2013. This was the reason behind the company’s profits increase.

Earnings per share reached JOD 0.074 in the first half compared to JOD 0.034 in the same period last year.

During the second quarter of 2014, the company’s profits rose to JOD 2.03 million compared to JOD 667 thousand during the same quarter of 2013.