Profits of United Cable Industries Co during the first half of 2014 hit JOD 439.6 thousand declining by 20% compared to JOD 549.7 thousand during the same period of 2013.

Financial statements of the company clarified that the profits dived during the first half to JOD 915.2 thousand compared to JOD 1.15 million in the same period of the last year.

Earnings per share hit JOD 0.011 in the first half against JOD 0.014 in the same period of 2013.

The company had achieved JOD 252.7 thousand profits during the second quarter of 2014 compared to JOD 205.7 in the second quarter of 2013.