Mubasher: Al Quds Readymix profits for the fourth quarter of 2015 (Q4-15) bounced 87% to JOD257,280 ($361,730) from 137,590 ($193,440) the year-ago quarter.

The annual profit for 2015 also rose 56% year-over-year from JOD219,050 to JOD341,740 ($480,470).

The board of directors proposed to distribute cash dividends at 4% of the JOD7.46 capital or JOD298,400

In the first nine-month period of 2015 (9m-15), the company’s profits saw a slide by 3.67% to JOD84,451 ($118,630), which it reached JOD81,461 ($114,430) last year.