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Rum Group turns profitable in Q3

Rum Group turns profitable in Q3
The company posted JOD 253,800 ($357,000) profits in Q3-16- (Photo credit: Company Website)
Rum Tourist
RUMM
-10.00% 0.09 -0.01

Mubasher: Jordan’s Rum Group for Transportation and Tourism Investment Company turned to profits in the third quarter of 2016.

The company posted JOD 253,800 ($357,000) profits in Q3-16 versus a net loss of JOD 183,000 ($257,330) in the same period last year, according to the company’s statement.

The Amman-listed company turned profitable also on the nine-month level of 2016, where it achieved JOD 380.44 profits, compared to JOD 135,400 losses in the year-ago period.