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Sura Development & Investment Q2 loss widens 85.7% YOY

Sura Development & Investment Co. (P.L.C) said its second-quarter normalized net income amounted to a loss of 5,960 dinars, compared with a loss of 3,210 dinars in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income came to a loss of 9,540 dinars, or a loss of 0 fils per share, compared to a loss of 5,130 dinars, or a loss of 0 fils per share, in the prior-year period.

As of July 30, US$1 was equivalent to 71 Jordanian fils.