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Premier Business & Projects Q2 profit climbs YOY

4916043 said its second-quarter normalized net income came to 459,610 dinars, a gain from 1,360 dinars in the prior-year period.

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

The normalized profit margin increased to 52.1% from 0.1% in the year-earlier period.

Reported net income totaled 1.6 million dinars, or 1.03 dinars per share, compared to a loss of 18,330 dinars, or a loss of 1 fils per share, in the year-earlier period.

s of July 29, US$1 was equivalent to 71 Jordanian fils.Premier Business & Projects Co. Ltd.

4916043 said its second-quarter normalized net income came to 459,610 dinars, a gain from 1,360 dinars in the prior-year period.