JD150.7 Thousand, 2020 Profits of the Arab Jordanian Insurance Group
Al-Deek: The results of the period were in harmony with the political, economic and health conditions that the world has experienced in recent years
The Arab Jordanian Insurance Group announced that it achieved an expected net profit after tax of JD 150 thousand for the period ending on June 30, 2021, compared to a net profit of 1 million dinars for the period ending on June 30, 2020.
The company stated to the Securities and Exchange Commission that total half revenues for 2021 amounted to JD 4.5 million, compared to 2020, which amounted to JD 4.2 million.
The company indicated that the compensation paid for the period ending in June 2021 amounted to JD (3) million, compared to JD (1.5) million for the same period in 2020. The total expenses rose to JD 315 thousand in the first half of 2021 compared to JD (204) thousand for 2020. Total assets for the semi-annual period of 2021 amounted to JD (25.8) million.
Commenting on the achieved financial results of the Arab Jordanian Insurance Group for the period ending on June 30, 2021, Nasser Al-Deek, the company’s general manager, said that the results of the period were in line with the political, economic and health conditions that the world has experienced in recent years, but the Arab Jordanian Group was able to develop appropriate strategies and thanks to the efforts shared by the company’s board of directors and all its employees was able to achieve good results.