Siniora Food Industries achieved net profits of JD 6.1 million ($8.6 Million) in 2019, a growth of 42% year on year
AMMAN, Jordan, Feb. 11, 2020 -- Siniora Food Industries announced its consolidated preliminary (unaudited) financial results for 2019. According to the reported results, Siniora achieved net profits after tax of JD 6.1 million (USD 8.6 million) in 2019, a growth of 42% year on year. Total revenues grew by 14% year on year and amounted to JD 63.3 million (USD 89.1 million) in 2019. Total assets amounted to JD 67.2 million (USD 94.7 million) as at December 31, 2019, an increase of 10% over 2018. Net equity attributed to Siniora shareholders amounted to JD 36.4 million (USD 51.3 million) as at December 31, 2019, an increase of 9% over 2018.
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