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Dar Al Dawa Q3 profits fall 6.6%

Dar Al Dawa Q3 profits fall 6.6%
Net profit for the first nine months of 2016 grew by 27.95% (Photo credit: Company's website)
Dar Al Dawa
DADI
1.53% 1.33 0.02

Mubasher: Dar Al Dawa Development and Investment Company’s profits for the third quarter of fiscal 2016 declined by 6.6% to JOD 504,080 ($710,770), versus JOD 539,850 ($761,200) for Q3-15.

However, net profit for the first nine months of 2016 grew by 27.95% to JOD 1.84 million from JOD 1.44 million for the same period of 2015, according to a bourse filing released on Tuesday.

The company earlier reported a net profit of JOD 1.3 million for the first half of 2016, 48.8% up from JOD 897,000 for H1-15.