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Jordan Shipping Lines profits up 34% in Q3

Jordan Shipping Lines profits up 34% in Q3
Profits reached JOD 2.2 million in 9 months - (Photo Credit: Arabianeye-Reuters)
JNSL
SHIP
-1.35% 2.20 -0.03

Mubasher: The unaudited financial results of Jordan National Shipping Lines showed a 34.13% growth in profits in the third quarter of 2016 to JOD 942,970 ($1.33 million) compared to JOD 703,040 ($988,800) in the same quarter last year.

Profits also increased by 87.07% in the first nine months of the year to JOD 2.21 million from JOD 1.18 million in the same period in 2015, the company said in a bourse filing on Wednesday.