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FINANCIAL NEWS
Jordanian Electric Power reports $5m loss in H1
29 Jul 2010
(MENAFN) Jordanian Electric Power Company (JEPCO) has announced a $5 million loss during the first six months of this year compared to a $550,000 loss during the same period of last year, Petra news agency reported.
The company said in a statement disclosed on the website of the Amman Stock Exchange that power purchases during the first half of 2010 rose to $292 million from $280 million in the first half of 2009.
JEPCO showed that total shareholders equity and liabilities reached $697 million by the end of June compared to $686 million by the end of 2009.
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