Real Estate Development turned to losses of JOD 1.9 million in the first half of 2014 compared to JOD 4.1 million profits in the same period of 2013.

Losses per share reached JOD 0.021 against JOD 0.038 earnings per share in the first half of 2013.

According to the financial statement, net losses of selling real estate and lands in the first half of 2014 amounted JOD 253.6 thousand compared with JOD 2.58 million net profits of selling lands in the same period last year.