Arab Pesticides and Veterinary Drugs Manufacturing Co announced that its profits declined by 24.3% to JOD 1.39 million during H1-14 compared with JOD 1.8 million in H1-13.

Earnings per share hit JOD 0.102 in the first half this year compared with JOD 0.140 in the first half last year.

Financial statement of the company showed that sales increased by 0.8% to JOD 10.9 million this year compared with JOD 10.8 million in the first half of 2013.

Profits of the company declined in the second quarter of 2014 by 93.5% to JOD 57.28 thousand against JOD 882.5 thousand in the second quarter last year.