Mubasher: Arab Potash Comopany reported a 38.8% decline in profits in the third quarter of 2016 to JOD 21.15 million ($27.76 million) compared to JOD 34.55 million ($48.61 million) in the same quarter last year.

Profits also decreased by 47.6% in the first nine months of the year and reached JOD 50 million compared to JOD 95.53 million in the same period last year.