Mubasher: Sheba Metal Casting Company posted on Wednesday net losses of JOD 48,630 ($68,380) for the second half of the fiscal year 2016.

Net losses worsened in Q2-16 by 217%, compared to JOD 15,340 ($21,580) posted for Q2-15, according to a bourse filing.

Meanwhile, the company trimmed its losses for the first half of fiscal 2016 by 27.12% to JOD 85,900 from JOD 117,900 reported for H1-15

Sheba’s losses for Q1-15 decreased 63.7% to JOD 37,270 from JOD 102,520 posted for Q1-15.