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Arab Aluminum profits grow 26% to JOD 361 THD

Arab Aluminum profits grow 26% to JOD 361 THD
ARAL
AALU
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Arab Aluminum Industry announced that its profits increased by 26% to JOD 360.87 thousand in the first half of 2014 compared with 286.2 thousand in the first half of 2013.

Earnings per share hit JOD 0.048 in H1-14 against JOD 0.046 in H1-13.

Financial statement of the company showed that sales increased in the first six months this year to JOD 6.8 million compared with JOD 6.5 million in the same period last year.

As for the second quarter this year, the company’s profits increased by 4.28% to JOD 158.17 thousand compared with JOD 165.24 thousand in the second quarter of 2013.