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Bindar profits down 16% to JOD 582.5 THD

Bindar profits down 16% to JOD 582.5 THD
Bindar
BIND
4.64% 1.58 0.07
Profits of Bindar Trading and Investment Co PLC declined by 15.7% during the first half of 2014 to JOD 582.48 thousand compared with JOD 691.3 thousand in the same period of 2013.

Earnings per share reached JOD 0.029 in h1-14 against JOD 0.035 in H1-13.

Financial statement of the company showed that finance expenses increased by 34.9% to JOD 588.75 thousand compared with JOD 436.3 thousand in the same period of 2013.

The company’s profits declined also in the second half of 2014 by 19% to JOD 295.78 thousand compared with JOD 365.27 thousand in the same period of last year.