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Philadelphia Insurance 9M profit up 46%

Philadelphia Insurance 9M profit up 46%
Philadelphia Insurance Company - Archive photo
Philadelphia Insurance
PHIN
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Mubasher: Philadelphia Insurance Company reported a net profit of JOD 146,940 in the first nine months of 2015.

Profit rose by 46.39% in 2015, versus JOD 100,370 in the first nine months of the previous year, according to the company’s financial statements.

The Amman listed company trimmed its accumulated losses by 16.77% to JOD 670,980 in the above mentioned period, compared to JOD 817,930 in the same period of 2014. 

Philadelphia earlier reported a rise of 39.2% in H1-15 profit to JOD61,380, compared to JOD 44,100 in the same period of 2014.