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Petra Education logs JOD 4.5 mln profits in H1-14

Petra Education logs JOD 4.5 mln profits in H1-14
Petra Education
PEDC
5.00% 3.15 0.15
Financial statement of Petra Education Co announced that its profits during the first six months of 2014 increased by 47.5% to JOD 4.5 million compared with JOD 3.08 million in the same period of 2013.

Earnings per share increased to JOD 0.285 in H1-14 against JOD 0.193 in H1-13.

Administrational expenses increased by 7.5% to JOD 1.79 million in the first half this year compared with JOD 1.66 million in the same period last year.

The company’s profits in the second quarter of 2014 declined by 10.6% to JOD 1.5 million against JOD 1.7 million in the same quarter of 2013.