Al - Tajamouat for Touristic Projects, plc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 31, 2022 at 10:21 am EDT
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Al - Tajamouat for Touristic Projects, plc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was JOD 2.76 million compared to JOD 2.65 million a year ago. Net income was JOD 0.4734 million compared to JOD 0.169648 million a year ago. Basic earnings per share from continuing operations was JOD 0.005 compared to JOD 0.002 a year ago.
For the nine months, sales was JOD 8.15 million compared to JOD 8.1 million a year ago. Net income was JOD 1.59 million compared to JOD 0.875086 million a year ago. Basic earnings per share from continuing operations was JOD 0.017 compared to JOD 0.009 a year ago.
Al Tajamouat for Touristic Projects Company PSC is a Jordan-based public shareholding company that operates in the leisure and recreation industry. The Company is part of Specialized Investment Compounds Co PLC group. It is in the process of developing Taj Lifestyle Center, which is a retail and leisure destination in Abdoun area in Amman. The center is a retail project featuring retail and lifestyle developments, consisting of a multi-purpose facility catering a range of tenants with the main objective of entertaining clients by offering diversified services, including cinemas, advanced arcade centers, retail outlets, food courts, kidsâ zones, restaurants and cafes, in addition to retail stores and a supermarket. The Company owns 14,000 square meters of land that is adjacent to Taj Lifestyle Center.
AL - TAJAMOUAT FOR TOURISTIC PROJECTS, PLC. 
