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Real Estate Development turns to JOD 2.1 mln profits

Real Estate Development turns to JOD 2.1 mln profits
Real Estate Development
REDV
-4.00% 0.48 -0.02
Real Estate Development turned to profits of JOD 2.08 million during 2013 against JOD 7.45 million losses during 2012.

Earnings per share hit JOD 0.017 in 2013, while losses per share hit JOD 0.072 in 2012.

Financial statement of the company showed that profits resulted from selling lands and real estate in 2013 reached JOD 2.70 million compared with losses of JOD 3.47 million in 2012.