Profits of the Companies Listed at the Amman Stock Exchange Increased by 18%

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Profits of the Companies Listed at the Amman Stock Exchange Increased by 18%

The Chief Executive Officer (CEO) of the Amman Stock Exchange (ASE), Mr. Nader Azar, stated that the profits after taxes for the listed Companies at the ASE that provided their financial statements to the ASE for the Third Quarter increased to JD 900.2 million, compared with JD 762.7 million for the same period of 2017, which represents an increment by 18%.

The total number of companies that provided the ASE with their financial statements is 194 out of 195 listed companies.

In respect to sectors, Industrial was in the first rank in terms of the increase in profits that reached 146.3%, followed by the Services by 13.3%, where the Financial sector decreased by 7.1%.

As for the performance of companies, these data showed that there were 117 listed companies that have made profits in the Third Quarter of 2018, including 65 companies improved their performance compared with the same period of 2017, while 77 companies made losses, of which 29 companies had been able to reduce their losses compared with the same period of 2017.

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