Mubasher: Al Tahdith for Real Estate Investments' net profit for the second quarter of 2016 reached JOD 4,510 against JOD 27,370 losses for the year-ago period, according to a bourse filing.

In the first six months, the company's earnings declined by 43.49% year-over-year to JOD 43,420 from JOD 76,830.

During the first quarter, its net losses shrank to JOD 47,920, lower 3.11% from JOD 49,460 registered in the first quarter of 2015.