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JHTC profits rise 6% in Q3

JHTC profits rise 6% in Q3
Profits reached JOD 1.6 million in 9 months - (Photo Credit: Arabianeye-Reuters)
Jordan Hotels & Tourism
JOHT
-4.76% 2.20 -0.11

Mubasher: Jordan Hotels and Tourism Company (JHTC) reported an increase in profits by 6.4% year-on-year in the third quarter of 2016, according to a bourse filing.

Total profits reached JOD 850,840 ($1.2 million) in Q3-16 compared to profits of JOD 799,700 ($1.13 million) in Q3-15, the company said in a statement to the Amman Stock Exchange (ASE) on Monday.

Profits also increased to JOD 1.63 million in the first nine months of the year from JOD 1.13 million in the same period last year.