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Al Nisr Al Arabi Insurance profits jump by 115.6%

Al Nisr Al Arabi Insurance profits jump by 115.6%
Al Nisr Al Arabi
AAIN
-1.46% 4.05 -0.06
Al Nisr Al Arabi Insurance announced that its profits jumped by 115.55% to JOD 1.15 million in the first half of 2014 compared with JOD 535 thousand in the same period of 2013.

Earnings per share increased to JOD 0.115 in the first half of 2014 compared with JOD 0.054 in the first half of 2013.

Financial statement of the company showed that total revenues increased by 27.36% to JOD 9.4 million in the first six months of 2014 compared with JOD 7.38 million in the same period of 2013.

The company’s profit rose by 291.1% to JOD 715.28 thousand in the second quarter this year compared with JOD 182.9 thousand in the second quarter last year.