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Jopetrol profits down 8% in Q3

Jopetrol profits down 8% in Q3
Profits reached JOD 25.03 million in 9 months - (Photo Credit: Arabianeye-Reuters)
JoPetrol
JOPT
2.55% 4.82 0.12

Mubasher: Jordan Petroleum Refinery Company (Jopetrol) posted an 8.13% decline in profits in the third quarter of 2016 to JOD 7.65 million ($10.66 million) compared to JOD 8.23 million ($11.6 million) in the same quarter last year.

The company’s profits increased in the nine-month period that ended 30 September by 1.46% to JOD 25.03 million compared to JOD 24.67 million in the same period last year.