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Middle East Pharmaceutical reduces losses to JOD 1.6 mln

Middle East Pharmaceutical reduces losses to JOD 1.6 mln
Midpharma
MPHA
-4.68% 173.68 -8.57
Middle East Pharmaceutical and Chemical Industries and Medical Supplies PLC announced that its losses declined by 31.4% to JOD 1.59 million in the first half of 2014 compared with JOD 2.32 million in the same period of 2013.

Losses per share declined to JOD 0.162 in H1-14 compared with JOD 0.236 in H1-13.

The company’s losses declined by 29% to JOD 528.79 thousand in the second quarter this year compared with JOD 744.8 thousand in the second quarter last year.