H1 figures pulled down by GCC
The 1st half 2015 wasn’t glorious for Dadi, with a 13.4% decline on revenues to JOD30.7M. The activity in Biled Al Sham & Iraq is growing well despite the turmoil in the region. In fact, the company's sales grew from JOD14.7M, in H1 2014, to JOD15.5M in H1 2015. GCC sales dropped by 42.4% to JOD6.6M. In Africa, a slight slowdown of 6.6% was reported. The net profit has deteriorated due to a sales decrease, and significant forex losses in Q1 2015.
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