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Jordan Phosphate Mines turns to loss in Q3

Jordan Phosphate Mines turns to loss in Q3
Losses reached JOD 57.3 million in 9 months - (Photo Credit: Arabianeye-Reuters)
Phosphate Mines
JOPH
-0.09% 11.13 -0.01

Mubasher: Jordan Phosphate Mines Company reported losses of JOD 21.4 million ($30.11 million) in the third quarter of 2016 versus profits of JOD 14.65 million ($20.6 million) in the third quarter of last year.

As for the first nine months of the year, losses reached JOD 57.3 million compared to JOD 24.12 million in the same period in 2015, the company said in a bourse filing on Monday.