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Jordan Emirates Insurance turns to JOD 286 THD losses

Jordan Emirates Insurance turns to JOD 286 THD losses
Al Safwa Insurance
SFIC
-1.92% 1.02 -0.02
Jordan Emirates Insurance announced financial statement for FY 2013 which reflected to losses of JOD 285.79 thousand compared with JOD 252.9 thousand profits in 2012.

Losses per share hit JOD 0.057 in 2013, while earnings per share hit JOD 0.051 in 2012.

The financial statement of the company showed that revenues declined by 8.8% to JOD 15.06 million in 2013 compared with 2012 due to the decrease in subscribed premiums by 13.07% to JOD 15.75 million in 2013 against JOD 18.12 million in 2012.