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JIJC profit reaches JOD 1.12m in 9M

JIJC profit reaches JOD 1.12m in 9M
Jordan International Insurance (JIJC) announced its financial results in a statement to Amman Stock Exchange (ASE), reporting a net profit surge by 128% or JOD 727,000 to JOD 1.12 million during the first nine months of 2014 compared to JOD 492.25 THD during the corresponding period a year earlier.

According to JIJC financial statements, its total revenues reached JOD 5.98 million in the nine-month period ending September 30, 2014, compared to JOD 5 million during the same nine months of 2013. Furthermore, net profit amounted to JOD 318.63 THD in the third quarter of 2014 , compared to JOD 128.49 THD in the same period last year.

Worth noting, the company operates within the insurance sector focusing on multi-line insurance. Its capital amounts to JOD 18.15 million, distributed on 18.15 million shares at JOD 1 par value each.