Mubasher: Jordan Worsted Mills reported an increase of 29.4% in its net profits for the second quarter of 2016.

The company said its profits for the second quarter of 2016 stood at JOD 3.4 million compared with JOD 2.4 million for the same period of the previous year.

As for the first half of 2016, the company saw net profits of JOD 4.3 million down from JOD 4.9 million a year earlier.