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Jordanian Real Estate H1 profits drop 45%

Jordanian Real Estate H1 profits drop 45%
Photo Credit: Arabianeye-Reuters
Jordanian Real Estate
JRCD
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Mubasher: Jordanian Real Estate Company for Development reported a 45.17% fall in profits to JOD 224,240 ($315,340) in the first half of 2015, compared to JOD 408,980 ($575,130) in H1-14.

The company turned to losses of JOD 6,710 ($9,430) in Q1-15, against profits of JOD 3,460 ($4.87 million) in Q1-15.