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Contempro profit soars 103% in FY14

Contempro profit soars 103% in FY14
Photo Credit: Arabianeye-Reuters
Contempro
COHO
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Doha-Mubasher: Contempro for Housing Projects announced its financial statements to the Amman Stock Exchange (ASE) for the fiscal year (FY) 2014, during which it reported a profit surge by 103% to JOD 488.26 thousands ($686.4 thousands), compared to JOD 239.88 thousands ($ 337.24 thousands) during FY13.

Moreover, financials showed a jump in Contempro’s operating income by 46.3% to JOD 794 thousands during the period, compared to JOD 542.8 thousands.

The company had reported a profit rise by 32% to JOD 487.4 thousands during the nine-monthe period ending September 30, 2014, compared to JOD 367.4 thousands during the same period of 2013.

Worth noting, the company’s capital amounts to JOD 6 million, distributed on six million shares ate JOD 1 par value.