Financial statements of Jordan Electric Power showed that the company’s losses during the first half of 2014 declined by 22.4% to JOD 7.06 million compared to JOD 9.1 million in the first half of 2013.

Losses per share hit JOD 0.093 in the first half against JOD 0.120 in H1-13.

Profits of the company increased by 120% to JOD 17.5 million in the first half compared to JOD 8 million in the first half of the last year.

In the second quarter, the company’s losses declined by 92% to JOD 103.7 thousand against JOD 1.4 million in the second quarter of 2013.