Jordan Electric Power Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JOD 298.2 million compared to JOD 256.06 million a year ago. Net income was JOD 19.42 million compared to JOD 15.94 million a year ago. Basic earnings per share from continuing operations was JOD 0.21 compared to JOD 0.17 a year ago.
For the nine months, sales was JOD 763.18 million compared to JOD 736.22 million a year ago. Net income was JOD 13.76 million compared to JOD 13.76 million a year ago. Basic earnings per share from continuing operations was JOD 0.15 compared to JOD 0.15 a year ago. Diluted earnings per share from continuing operations was JOD 0.15 compared to JOD 0.15 a year ago.