Saudi Journal of Business and Management Studies (SJBMS)
Volume-2 | Issue-03 | 185-189
Review Article
Measuring the Financial Performance of Jordan Steel Since 2007
Dr. Basman Omar Al-Dalayeen, Borhan Omar Ahmad Al-Dalaien
Published : March 30, 2017
Abstract
Financial performance of a company defines competitiveness, potentials of the business, and economic
interests of the company‟s management and reliability of present or future contracts. It is important for management,
shareholders, the public (customers of the bank), the regulator (the government), the financial sector, and the economy as
a whole. It provides signal to depositors and investors whether to withdraw or invest funds. The present research has
been undertaken to measure the financial performance of Jordan Steel since 2007. The results highlighted that the
financial performance of Jordan Steel was satisfactory during initial years of the study but deteriorated in later years and
hence requisite steps should be taken to improve its performance.