Financial statements of Philadelphia Insurance clarified that the company’s profits in the first half of 2014 increased by 15% to JOD 35.2 thousand compared to JOD 30.7 thousand in the same period of 2013.

Earnings per share kept flat hitting JOD 0.008.

Revenues of Philadelphia Insurance declined by 12% to JOD 3.1 million during the first half of 2014 compared to JOD 3.5 million in the first half of 2013, while subscribed premiums rose by 1% to JOD 3.28 million from JOD 3.24 million last year.