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Resources Development narrows losses in Q3

Resources Development narrows losses in Q3
The company posted JOD 10,400 in Q3 losses - (Photo Credit: Arabianeye-Reuters)
RCDI
JOMA
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Mubasher: The unaudited financial results of Resources Company for Development and Investment showed a 47.81% decline in losses in the third quarter of 2016 to around JOD 10,400 ($14,600) compared to JOD 19,840 ($27,900) in Q3-15.

Net losses also decreased in the nine-month period that ended 30 September 2016 by 76,12% to JOD 15,300 from JOD 64,010 in the period last year, according to the company’s statement to the Amman Stock Exchange (ASE).