Mubasher: Sura Development and Investment Company reported a 50.75% rise in profits in the third quarter of 2016 to JOD 11,320 ($15,960) from JOD 7,510 ($10,600) in the same quarter last year.

Losses also went up by 28.3% in the nine-month period that ended 30 September to JOD 32,710 compared to JOD 25,500 in the same period in 2015, the company said in a statement to the Amman Stock Exchange (ASE) on Tuesday.