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Jordan Trade Facilities Company announces its financial statement for the period ending in 30/6/2012

Jordan: Thursday, July 26 - 2012 @ 13:38

The financial statement for the company indicated that the total assets in the company is JD30,138,432 in 30/6/2012 compared to JD29,750,811 in 30/6/2011, meanwhile the net owner’s equity JD18,838,241 as in 30/6/2012.

On the other hand the income statement indicated that JoTF has achieved operational revenue before provision and tax equal to JD945,266 with a growth percentage of 8% compared to the same period in 2011.

Mr. Hisham Jaber the GM of the company, said that JoTF employees are proud with the company performance and despite the current financial and political situation surrounding us the company was able to continue its expansion plan to provide financial services with an excellent method and easy conditions and that was reflected significantly on the company performance.

It worth mentioning that the most important financial sectors that grew during the mentioned period is the Small & Medium enterprises sector with a portfolio reach up to JD5,404,235 with a growth percentage equal to 16% compared to the total current loan portfolio of the company in addition to the leasing sector with a growth reaching up to 51% represented by JD892,000.

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Thursday, July 26- 2012 @ 13:38 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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