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Sabaek Invest profits up 7% to JOD 0.13 mln

Sabaek Invest profits up 7% to JOD 0.13 mln
SABAEK
SABK
0.00% 0.43 0.00
Sabaek Invest Co PLC announced that its profits increased by 7.16% to JOD 127.7 thousand in the first half of 2014 compared with JOD 119.17 thousand in the same period of 2013.

Earnings per share rose to JOD 0.016 in H1-14 against JOD 0.015 in H1-13.

Financial statement clarified that profits of selling financial assets at fair value increased by 60.8% to JOD 78.25 thousand against JOD 48.6 thousand in the first half last year.

The company turned to profitability of JOD 10.69 thousand in the second quarter this year compared with JOD 10.5 thousand in the same quarter of 2013.