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APC Paints record 9% rise in Q2 profits

APC Paints record 9% rise in Q2 profits
Photo Credit: Company Website
APC Paints
APC
1.43% 7.10 0.10

Mubasher: Arab Company for Paints Products (APC Paints) reported on Sunday a 9.46% year-on-year increase in net profits in the second quarter of 2016, to JOD 384,540 ($541,060) up from JOD 351,290 ($494,290) in the same period last year.

Profits also grew 50.34% in the first half of the year to JOD 703,320, against JOD 467,830 in H1-15, according to the company’s statement to the Palestine Securities Exchange (PSE).