Rum Group profits grow by 748% to JOD 621 THD

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Rum Group for Transportation and Tourism Investment announced that its profits increased by 748% to JOD 621 thousand in the first half of 2014 against JOD 73.2 thousand during the same period of 2013.

The company’s financial statement showed that this increase resulted from growth in revenues by 38.2% to JOD 1.15 million against JOD 730 thousand last year.

The company had turned to profits in the first quarter this year achieving JOD 56.4 thousand against JOD 5.17 thousand losses in the first quarter of 2013.