Al Shark Electrode Co. announced earnings results for the six months ended June 30, 2018. For the six months, the company announced that net profit after tax reached JOD 34,401 compared with net profit after tax of JOD 30,114 for 2017, a net increase in profit of 14.24%. Sales were JOD 550,159 compared to JOD 427,157 for the same period a year ago. Net income before tax was JOD 34,401 compared to JOD 30,114 for the same period a year ago. Basic and diluted earnings per share was JOD 0.040 compared to JOD 0.040 for the same period a year ago. Net cash flow from operating activities was JOD 65,522 compared to JOD 100,151 for the same period a year ago. Investments in fixed assets were JOD 17,389 compared to JOD 8,660 for the same period a year ago.