Zarqa Education and Investment Co announced its financial results to the Amman Stock Exchange (ASE) for the fiscal year ending December 31, 2014, reporting a profit drop by 14.45% to JOD 3.58 million ($5.05 million), compared to JOD 4.19 million ($5.9 million) during the same period.
The Company’s operational revenues rose 8.3% to JOD 20.69 million by the end of 2014 against JOD 19.1 million during the same period of 2013. The operational expenses also rose 16.6% to JOD 16.56 million during the period, compared to JOD 14.19 million.
Moreover, earnings per share (EPS) declined from JOD 0.28 to reach JOD 0.24 during the period.
Financials for the Jordan-listed company showed a rise in the revenues by 12.2% to JOD 2.92 million during the first half of 2014, compared to JOD 2.6 million during the same period of 2013.
It is worth highlighting that the Company’s capital amounts to JOD 15 million, distributed on 15 million shares at JOD 1 par value.
