Mubasher: The unaudited financial results of Siniora Food Industries showed a 22.81% decline in profits in the third quarter 2016, according to the company’s statement to the Amman Stock Exchange (ASE).

Profits in Q3-16 reached JOD 673,160 ($948,520) compared to profits of JOD 872,130 ($1.23 million) in the same quarter last year.

The company also reported a 48.82% drop in profits in the first nine month of the year to JOD 2.09 million compared to profits JOD 4.08 million in the same period in 2015.