The Arab Financial Investment Co announced that its profits decreased by 36.6% to JOD 673.76 thousand in the first half of 2014 compared with JOD 1.06 million during the same period of 2013.

Earnings per share hit JOD 0.045 in H1-14 from JOD 0.071 in H1-13.

Financial statement of the company showed that revenues declined by 25.89% to JOD 1.4 million in the first six months this year compared with JOD 1.95 million in the same period of 2013. Expenses also declined by 2.9% to JOD 515.35 thousand against JOD 530.8 thousand in the first half this year.

As for the second quarter of 2014, the company’s profits declined by 29.9% to JOD 327.4 thousand compared with JOD 467.17 thousand in the same quarter last year.