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Zahrat Alurdon earnings soar 407% in 9M

Zahrat Alurdon earnings soar 407% in 9M
Photo Credit: Arabianeye-Reuters
Zahrat Alurdon
ZAHI
0.00% 2.23 0.00

Mubasher: Zahrat Alurdon Real Estate recorded earnings of JOD 36,020 ($50,600) during the first nine months of 2015, surging 407.45% over JOD 7,100 ($9,970) in the year-ago period.

The company has not incurred project expenses during the nine-month period, compared with JOD 48,850 a year earlier.

Zahrat Alurdon operates with JOD 500,000 in capital, divided into 500,000 shares at a par value of JOD 1 each.