The Pre-Tax figure, is a continuation of the steady growth of income, as our 2nd quarter results showed an increase of 83% while our 3rd quarter results showed a 157% increase compared to the first half of the year. This announcement was made at a Press Conference hosted at the Dunes Club in Amman on Sunday October 15th 2006.
During the Press conference, Mr. Ahmad Tantash, Chairman/CEO of Jordinvest, stated that he was very impressed with the financial achievements made by the firm.
"We are very proud of our financial achievements and on this occasion I would like to thank our dedicated and experienced team members for their hard work. We wouldn't be where we are today if it wasn't for their undivided dedication and diligence. I also thank our expanding client base for their trust in us. We on our part will continue to respond to the demands of the dynamic market within which we operate.
'We see ourselves as key players in the local, and regional financial arenas and we hope that by constantly introducing unique, beneficial, and secure financial services, we will be continue to play a pivotal role in steering economies towards further growth. I am proud of these results, and I am looking forward to seeing similar if not larger achievements made by Jordinvest in the months to come," stated Mr. Tantash
The Press conference was followed by an Iftar meal during which media representatives were invited to interact with members of the Jordinvest team.
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Jordinvest records a 157% increase in profit earnings during 2006 3rd quarter
- Jordan: Monday, October 16 - 2006 at 16:03
- PRESS RELEASE
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Jordan Investment Trust P.L.C. (Jordinvest) announced its financial results for the third quarter of the financial year recording JD 3 million in profit earnings.
During the press conference.
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Posted by Janeta Novakovic, Assistant News EditorMonday, October 16 - 2006 at 16:03 UAE local time (GMT+4)
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This article was updated on Tue Oct 17 2006.
Notes and Media Contacts »
Jordan Investment Trust (Jordinvest): Established in 1998 with headquarters based in Amman, Jordan Investment Trust (Jordinvest) is Jordan's first public shareholding company offering its investors and clients a variety of integrated investment banking services in both the local and regional markets. Services include issuing bonds, restructuring, financial advisory, and asset management activities. Jordinvest adheres to ethics, confidentiality, fairness, quality of service, and client focus. It strives to become the institution with the greatest knowledge of the local and regional economies and capital markets to provide clients with successful investments.
For further Information, please contact:
TRACCS Jordan
Tel: + 962 6 5924114
Fax: + 962 6 5924334
For further Information, please contact:
TRACCS Jordan
Tel: + 962 6 5924114
Fax: + 962 6 5924334
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