trending Market Intelligence /marketintelligence/en/news-insights/trending/874nBynsVSfW6EI57iLcUw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

General Investment Co. Q2 profit climbs YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

General Investment Co. Q2 profit climbs YOY

General Investment Co. Ltd. said its normalized net income for the second quarter amounted to 6 Jordanian fils per share, a gain from 1 fils per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 620,080 dinars, a gain from 142,140 dinars in the prior-year period.

The normalized profit margin climbed to 31.3% from 7.5% in the year-earlier period.

Total revenue increased on an annual basis to 2.0 million dinars from 1.9 million dinars, and total operating expenses fell 28.3% year over year to 1.4 million dinars from 2.0 million dinars.

Reported net income rose from the prior-year period to 926,370 dinars, or 9 fils per share, from 206,350 dinars, or 2 fils per share.

As of July 28, US$1 was equivalent to 71 Jordanian fils.