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Jordanian oil producer NPC says 9M profit plummeted 32%

Jordanian oil producer NPC says 9M profit plummeted 32%
Photo credit: Arabianeye - Reuters
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Mubasher: Jordan’s National Petroleum Company (NPC) reported on Tuesday a net profit of JOD 790,950 in the first nine months of 2015, with a decline of 32.22% compared to JOD 1.16 million in the same period last year, according to the company’s financial statements.

The Amman-listed company earlier posted a 66.32% slump in H1-15 net profit to JOD 312.47.

The state-owned company is capitalised at JOD 15 million distributed on 15 million shares, with a nominal value of JOD 1 per share.