Al - Tajamouat for Touristic Projects, Plc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 08, 2020
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Al - Tajamouat for Touristic Projects, plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net loss was JOD 582,502 compared to net income of JOD 308,885 a year ago. Basic loss per share was JOD 0.006 compared to basic earnings per share of JOD 0.003 a year ago. For the half year, net loss was JOD 512,230 compared to net income of JOD 790,098 a year ago. Basic loss per share was JOD 0.006 compared to basic earnings per share of JOD 0.008 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.