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Ubour Logistic losses grow 125% to JOD 77 THD

Ubour Logistic losses grow 125% to JOD 77 THD
UBOUR
TRUK
-4.17% 0.69 -0.03
Ubour Logistic Services PLC announced that its losses increased by 125% to JOD 76.8 thousand in the first half of 2014 compared to JOD 34.1 thousand during the same period of 2013.

Losses per share hit JOD 0.018 in H1-14 against JOD 0.0006 in H1-13.

Financial statements of the company showed that revenues declined by 19.6% to JOD 151.9 thousand in H1-14 compared with JOD 189.1 thousand in H1-13.

The company’s assets hit JOD 29.8 thousand in the first half against JOD 44.3 thousand in the same period of the last year.