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Arab Potash 9M profit increases by 37%

Arab Potash 9M profit increases by 37%
Photo credit: Arabianeye - Reuters
Arab Potash
APOT
2.36% 26.00 0.60

Mubasher: Jordan’s Arab Potash posted a profit of JOD 95,530 (about $134,190) for the first nine months of this year.

Profits rose by 37.08% in the January-September period, compared to JOD 69,689 ($97,895) in 2014, according to the company’s financial statement.

The Amman -listed company’s profit from joint ventures and associates rose to JOD 103,490, versus JOD 61,350 last year.

Arab Potash earlier reported a rise of 41.41% in half-year profit to JOD 60,981(around $85,755) this year.