Amman-Mubasher: Philadelphia Insurance Co reported profits of JOD 53,880 ($75,760) in the first quarter of 2015, against losses of JOD 88,960 ($125,090) in the same quarter of 2014, the company said in a bourse statement.

The Amman-listed company reported a profit growth of 11.7% to JOD 591,420 ($831,900) in 2015, compared to JOD 529,440 ($744,800) in 2014.

Philadelphia’s capital amounts to JOD 4 million, distributed on 4 million shares.