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Jordan’s Al Tahdith 9M profit slips 37%

Jordan’s Al Tahdith 9M profit slips 37%
Photo credit: Arabianeye - Reuters
Al Tahdith
THDI
1.22% 0.83 0.01

Mubasher: Jordan’s Al Tahdith for Real Estate Investments posted a nine-month profit of JOD 81,724 (about $114,800) in 2015.

The company’s financial statement showed a 37.46% drop in profit, compared to JOD 130,680 ($183,570) in the same period last year.

The Amman-listed company didn’t make any revenues during the January-September period, when compared with JOD 90,000 in 2014.

The company earlier reported a loss of JOD 76,830 ($108,400) in H1-15, versus a profit of JOD 31,630 ($44,480) in H1-14.