Al Bilad Securities and Investment Co turned to losses of JOD 667.9 thousand in the first half this year against JOD 131.4 thousand profits in the same period last year.

Losses per share hit JOD 0.067 in H1-14, while earnings per share hit JOD 0.013 in H1-13.

Financial statement showed that revenues declined by 23% to JOD 441.9 thousand during the first half of the current year against JOD 573.18 thousand in the same period of 2013. Expenses increased by 229% to JOD 1.29 million from JOD 394 thousand in the first half last year.
The company turned to losses also of 637.7 thousand in the second quarter this year against JOD 76 thousand in the same quarter last year.