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Jordan Decapolis Properties Q1 losses soar 81%

Jordan Decapolis Properties Q1 losses soar 81%
Photo Credit: Arabianeye-Reuters

Amman-Mubasher: Jordan Decapolis Properties (JDP) posted an 81% surge in losses to JOD 296,600 ($418,000) in the first quarter of 2015, compared to JOD 163,900 ($231,000) in the same period of 2014, according to a filing to Amman Stock Exchange.

JDP previously reported a decline in losses to JOD 16.4 million in 2014 from JOD 926,100 in 2013.

The company’s capital amounts to JOD 70 million, distributed on 70 million shares at 1 par value each.