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Pal Aqar turns profitable for second quarter in row

Pal Aqar turns profitable for second quarter in row
Photo Credit: Arabianeye-Reuters

Mubasher: Pal Aqar Company for Real Estate Development and Management reported a net profit of around JOD 71,5100 ($100,820) in the second quarter of 2012, versus a net loss of JOD 95,030 ($133,990) in the same period last year.

The company also recorded a net profit of JOD 200,140 in H1-16, against a net loss of JOD 97,580 in H1-15.

Pal Aqar previously reported a net profit in Q1-16 of JOD 128,630, against a net loss of JOD 2,550 in the same quarter in 2015.