Jordan’s IDECO profit soars 92% in 2014


Amman-Mubasher: Irbid District Electricity Company (IDECO) reported a jump in profit by 91.7% to JOD 6.52 million ($9.17 million) in 2014, compared to JOD 3.4 million ($4.78 million) in 2013.
IDECO reported a profit rise by 21.8% to JOD 1.45 million in the first half of 2014, compared to JOD 1.85 million in 2013.
The Qatar-listed firm’s capital amounts to JOD 8 million, distributed on 8 million shares at JOD 1 par value each.

 

Mubasher Contribution Time: 02-Apr-2015 08:00 (GMT)