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Lafarge Cement 9M profit surges 208%

Lafarge Cement 9M profit surges 208%
Photo credit: Arabianeye - Reuters
Lafarge
JOCM
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Mubasher: Jordan’s Lafarge Cement reported a net profit of JOD 5.48 million in the first nine months of 2015.

Profit rose by 208.2% in the January-September period this year, compared to JOD 1.77 million in the same period last year, according to the company’s financial statements.

The Amman listed company’s profit before tax also increased to JOD 544,100 versus JOD 470,630.

Lafarge added deferred tax assets of JOD 5.97 million to the nine month profit, compared to JOD 2.96 million added in the same period of 2014.