Mubasher TV
Contact Us Advertising   العربية

Jordan French Insurance profits up 157%

Jordan French Insurance profits up 157%
JOFICO
JOFR
4.69% 0.67 0.03
Financial statements of Jordan French Insurance showed that the company’s profits in the first half of the current year increased by 157.2% to JOD 468.2 thousand compared with JOD 182 thousand in the same period of 2013.

Earnings per share increased also to JOD 0.051 compared with JOD 0.020 in H1-13.

The company’s profits increased also in the second quarter by 137.4% to JOD 502.24 thousand against JOD 211.5 thousand in the same period of 2013.

Revenues increased by 8% to JOD 9.37 million in H1-14 against JOD 8.6 million due to the increase of subscribed premiums which reached JOD 11.7 million in the first half of 2013 compared with JOD 10.4 million in the same period of the last year, with an increase of 6.2%.