trending Market Intelligence /marketintelligence/en/news-insights/trending/zaVMXNsLMF1bNfcz2GVclg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Jordan Dairy Q3 profit falls 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

Jordan Dairy Q3 profit falls YOY

Jordan Dairy Co. Ltd. said its normalized net income for the third quarter was 1 Jordanian fils per share, a decline of 84.3% from 8 fils per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 51,450 dinars, a decrease of 84.3% from 328,120 dinars in the prior-year period.

The normalized profit margin declined to 1.3% from 7.9% in the year-earlier period.

Total revenue declined year over year to 4.0 million dinars from 4.2 million dinars, and total operating expenses grew 7.6% on an annual basis to 3.9 million dinars from 3.6 million dinars.

Reported net income decreased 81.2% on an annual basis to 84,530 dinars, or 2 fils per share, from 449,680 dinars, or 11 fils per share.

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