Jerusalem Insurance revenue boosts 2014 profit

 

Jordan – Mubasher: Jerusalem Insurance Co., listed on the Amman Stock Exchange (ASE), announced its financials for the fiscal year 2014.

The insurance firm reported a profit of JOD 1.65 million ($2.3 million) against JOD 1.3 million ($1.86 million) in 2013, registering a significant growth by 24.66%.

Net operational revenue reached JOD 1.3 million against JOD 1.014 million, a surge by 32.49%.

Jerusalem Insurance had reported a profit of JOD 884.3 THD during the first half of 2014 compared to JOD 688.3 THD during the same period in 2013, registering a profit increase by 28.5%.

The Company’s capital amounts to JOD 8 million divided on 8 million shares at par value JOD 1 per share.

Mubasher Contribution Time: 09-Feb-2015 11:15 (GMT)