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Arab Union posts JOD 686,800 profit

Arab Union posts JOD 686,800 profit
Photo Credit: Arabianeye-Reuters
Arab Union
AIUI
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Amman-Mubasher: Arab Union International Insurance reported a rise in profit to JOD 686,800 ($966,000) in the fiscal year 2014, against a loss of JOD 1.44 million (JOD 2.03 million), according to a bourse filing to a filing to Amman Stock Exchange (ASE).

Operating income exceeded JOD 500,000 in 2014, versus an operating loss of JOD 793,000 in 2013.

The company’s capital amounts to JOD 8 million, distributed on 8 million shares.