Mubasher TV
Contact Us Advertising   العربية

Jordan’s Tajamouat for Catering 9M net loss surges 150.13%

Jordan’s Tajamouat for Catering 9M net loss surges 150.13%
Al Tajamouat for Catering and Housing Co (JNTH) announced its financial results to the Amman Stock Exchange (ASE), reporting a soar in net loss by 150.13% to JOD 570.4 THD during the first nine months of 2014, compared to a loss of JOD 228 THD in the corresponding period of 2013.

Al Tajamouat’s general and administrative expenses rose 11.8% to JOD 352 THD during the nine-month period ending September 30, 2014, compared to JOD 314.9 THD in the same period a year earlier.

It is worth noting that the Company’s net loss dropped by 6.6% to JOD 99.3 THD during the third quarter of 2014, compared to a net loss of JOD 106.38 THD during the corresponding period in 2013.

Al Tajamouat for Catering and Housing Co’s capital amounts to JOD 10 million, distributed on 10 million shares at JOD 1 par value each.