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IBFM net loss drops 92.5% in 9M

IBFM net loss drops 92.5% in 9M
IBFM
IBFM
-3.57% 0.27 -0.01
International Brokerage and Financial Markets (IBFM) announced its financial results to the Amman Stock Exchange (ASE), reporting a plunge in net loss by 92.5% to JOD 104.3 THD during the nine-month period ending September 30, 2014, compared to a loss of JOD 1.39 million in the corresponding period of 2013.

Worth noting, loss per share reached JOD 0.005 during the first nine months of 2014, against JOD 0.074 in the same period a year earlier.

The Company’s profit reached JOD 115.06 THD in the third quarter of 2014, against a loss of JOD 481.46 THD during the corresponding period of 2013.