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Pipes Manufacturing turns to JOD 66 THD losses

Pipes Manufacturing turns to JOD 66 THD losses
JPMC
JOPI
-3.03% 0.32 -0.01
Jordan Pipes Manufacturing turned to losses of JOD 66.26 thousand before taxes in the first half of 2014 compared with JOD 39 thousand profits before taxes during the same period of 2013.

Financial statement of the company showed that sales declined to JOD 2.7 million in H1-14 against JOD 2.8 million in H1-13. Sales costs declined also by 0.18% to JOD 2.66 million from JOD 2.67 million in the same period last year, so sales profits hit JOD 4.87 thousand in the first half this year compared with JOD 133.12 in the same period last year.