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Philadelphia University reports 30% rise in 9M profit

Philadelphia University reports 30% rise in 9M profit
Philadelphia University - Archive photo

Mubasher: Philadelphia International Educational Investment Company, also known as Philadelphia University, posted on Sunday a net profit of JOD 2.65 million in the first nine months of 2015, versus JOD 2.04 million in the same period of 2014, with a rise of 30.12% year-on-year, according to the Jordanian company’s financial statements.

The Amman-listed company’s financials showed that total earnings increased to JOD 14.16 million from JOD 12.51 million.

The company’s profit for the first half 2015 reached JOD 2.61 million, against JOD 2.4 million in H1-14.