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The General Assembly of Siniora Food Industries ratified dividend distribution to its shareholders of 18 7% of the company s paid-in capital

The General Assembly of Siniora Food Industries ratified dividend distribution to its shareholders of 18 7% of the company s paid-in capital
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Siniora Food Industries Company achieves a net profit of JD 7 1 million (USD 10 million) in 2020, a growth of 16% year on year

Share this article Share this article AMMAN, Jordan, Feb. 17, 2021 /PRNewswire/  Siniora Food Industries Company has released its preliminary consolidated financial results, as per the regulations of the Jordan Securities Commission for the year ending December 31, 2020. The financial statements showed that the Siniora group of companies achieved net after-tax profits of JD 7.1 (USD 10 million), an increase of 16% compared to 2019. Total revenues also increased, growing by 11% compared to the previous year, reaching JD 71 million (USD 100 million). The company s assets amounted to JD 68.8 million (USD 97 million) on December 31, 2020, an increase of 3% compared to the previous year, while the net equity of Siniora s shareholders amounted to JD 41 million (USD 57.7 million) on December 31, 2020, registering an increase of 12% over 2019.

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