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Jordan Clothing reduces losses by 14% to JOD 285 THD

Jordan Clothing reduces losses by 14% to JOD 285 THD
CJC
CJCC
-3.63% 0.53 -0.02
Jordan Clothing Co PLC announced that its losses decreased by 14% to JOD 285.4 thousand in the first half of 2014 compared to JOD 331.5 thousand during the same period of 2013.

Financial statements of the company showed that the company’s profits declined by 23.4% to JOD 275.7 in the first half this year compared to JOD 360.2 thousand in the same period of 2013.


Administrational expenses declined by 41.5% to JOD 262 thousand compared to JOD 448.3 thousand in the first half of the last year.

As for the second quarter this year, losses of the company declined to JOD 173.2 thousand compared to JOD 210.7 in the same quarter of 2013.