Profits of Al Rakaez Investment jumped during the first half of 2014 by 7200.4% to JOD 67.45 thousand against JOD 924 thousand in the same period of 2013.

Earnings per share hit JOD 0.005 in the first six months this year, while the company’s shares did not achieve any earnings in the same period last year.

Total revenues rose by 23.64% to JOD 1.5 million in the first half of 2014 compared with JOD 1.2 million in the same period of 2013.

As for the second quarter this year, the company’s profits rose by 10.4% to JOD 34.65 thousand against JOD 31.39 thousand in the second quarter last year.