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Philadelphia profits down 25% in Q2-16

Philadelphia profits down 25% in Q2-16
Photo Credit: Arabianeye-Reuters

Mubasher: Philadelphia International Educational Investment Company posted a 25.1% decline in profits in the second quarter of 2016, to JOD 951,380 ($1.34 million), compared to JOD 1.27 million ($1.79 million) for the same period last year.

However, profits in the first half of the year went up 4.2% year-on-year, reaching JOD 2.72 million.