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FINANCIAL NEWS
Jordan’s RJ logs USD38m net profit in Jan-Sep
29 Oct 2015
(MENAFN) Royal Jordanian posted whopping gross profits before tax of USD37.9 million in the nine months to September timeframe, compared to USD22 million in net loss over 2014’s same period.
The recorded healthy profits marks an intensified 272 percent jump, and as for earnings after tax; net profit reached USD30 million, reflecting a 236 percent climb from last year’s first nine months.
RJ’s executives voiced satisfaction with the firm’s positive results that are a quantum leap in its journey in this period, since air transportation is still affected by the instability in the neighboring nations.
Moreover, growth in the company’s financial results was due to the efficiency and loyalty of the staff and its keenness to implement the board’s vision and the 5-year strategic plan since the start of the year.
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