Mubasher: The financial results of Afaq for Energy Company showed a 2% decline in profits in the third quarter of 2016 to JOD 4.12 million (5.18 million) compared to JOD 4.21 million ($6 million) in the same quarter last year.

However, the company’s profits grew by 2% in the first nine months of the year to JOD 13.5 millon from JOD 13.26 million in the same period in 2015, the company said in a bourse filing issued on Monday.