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Ammon News - The total pre-tax profits of 168 companies listed on the Amman Stock Exchange amounted to about JD1.273 billion for the first three quarters of 2021, compared with JD438.5 million for the same period in 2020, indicating a major increase of 190.4 percent.

The post-tax profits (attributable to the shareholders or net profit) of these companies soared by a massive 285 percent, standing at JD883 million, against JD229.3 million for the same companies and the same period in 2020, according to Deputy Chief Executive Officer of the ASE Bassam Abu Abbas.

In a statement Monday, Abu Abbas indicated the figures are for 168 firms out of a total of 173 listed companies, which provided quarterly financial data to the bourse.

In its sectorial breakdown of the figures, the ASE said the post-tax profits of the industrial sector shot up by 452.1 percent to JD336.2 million in the nine-month period, against JD61 million reported in the same period of 2020.

The services sector netted a post-tax profit of JD80.6 million compared with a loss of JD38.9 million in the corresponding period of the past year, signaling a 307-percent rise.

As for the financial sector, it posted a profit of about JD466 million, compared with JD 207.4 million for the same January-September period of 2020, an increase of 124.8 percent.