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Jordan’s Resources Development narrows 9M losses

Jordan’s Resources Development narrows 9M losses
Photo Credit: Arabianeye-Reuters
RCDI
JOMA
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Mubasher: Resources Company for Development and Investment decreased its losses by 69% to JOD 19,840 ($27,870) during the first nine months of 2015, compared with JOD 64,010 ($89,920) in the same period a year ago.

The Jordan-listed company had shrunk its H1-15 losses by 62.82% year-on-year to JOD 32,320 ($45,440).

The firm operates with JOD 11 million in capital, divided into 11 million shares at a par value of JOD 1 each.