Al Shamikha for Real Estate and Financial Investments announced its financial statements to the Amman Stock Exchange (ASE) for the fiscal year ending December 31, 2014, reporting a profit of JOD 786.53 THD ($1.1 million), compared to a loss of JOD 21.85 THD ($30.76 THD) during the same period of 2013.
Financials showed a rise in the total revenues by 8.67% to JOD 126.1 THD by the end of 2014, against JOD 116.03 THD by the end of 2013. The total expenses also registered an increase by 7% to JOD 148.1 THD during the period, compared to JOD 138.36 THD.
The Bank had reported a profit reaching JOD 622.4 THD during the nine-month period ending September 30, 2014, compared to a loss of JOD 15.6 THD.
It is worth highlighting that the Company’s capital amounts to JOD 1.2 million, distributed on 1.2 million shares at JOD 1 par value.
