Arabian Steel Pipes Manufacturing
ASPMM
ASPMM
Arabian Steel Pipes Manufacturing Co announced that its profits declined by 54% during the first half of 2014 to JOD 319.3 thousand compared to JOD 696 thousand in the same period of 2013.
Earnings per share amounted JOD 0.027 against JOD 0.062 in the first half of 2013.
In the second quarter, the company’s profits declined sharply to JOD 10 thousand from JOD 462 thousand in the second quarter of the last year.
It is worth mentioning that net revenues of the company declined by 48% in the first half to JOD 636 thousand compared to JOD 1.2 million in the first half of the last year.
Earnings per share amounted JOD 0.027 against JOD 0.062 in the first half of 2013.
In the second quarter, the company’s profits declined sharply to JOD 10 thousand from JOD 462 thousand in the second quarter of the last year.
It is worth mentioning that net revenues of the company declined by 48% in the first half to JOD 636 thousand compared to JOD 1.2 million in the first half of the last year.
Source:
Mubasher
