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Al Manara Insurance losses down 93% to JOD 75 THD

Al Manara Insurance losses down 93% to JOD 75 THD
Al Manara Islamic
MIIC
0.00% 0.30 0.00
Al Manara Insurance reduces its losses by 93% to JOD 75.2 thousand during the first half of 2014 compared to JOD 1.1 million in the same period of 2013.

Losses per share hit JOD 0.004 against JOD 0.056 in the same period of the last year.

Financial statements of the company showed that revenues decreased by 14% to JOD 4.6 million in the first half of 2014 compared to JOD 5 million in the same period of the last year.

The company turned also to losses in the second quarter this year hitting JOD 34.5 thousand against JOD 218 thousand profits in the same period of 2013.