Jordan Electric Power Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was JOD 256.06 million compared to JOD 258.48 million a year ago. Net income was JOD 15.94 million compared to JOD 11.47 million a year ago. Basic earnings per share from continuing operations was JOD 0.1731 compared to JOD 0.125 a year ago.
For the nine months, sales was JOD 736.22 million compared to JOD 679 million a year ago. Net income was JOD 13.76 million compared to net loss of JOD 12.47 million a year ago. Basic earnings per share from continuing operations was JOD 0.1538 compared to basic loss per share from continuing operations of JOD 0.1346 a year ago. Diluted earnings per share from continuing operations was JOD 0.1538 compared to diluted loss per share from continuing operations of JOD 0.1346 a year ago.