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Tajamouat for Catering turns profitable in Q3

Tajamouat for Catering turns profitable in Q3
Profits declined by 93% in 9 months - (Photo Credit: Arabianeye-Reuters)

Mubasher: Al Tajamouat for Catering and Housing Company achieved profits of JOD 18,400 ($25,900) in the third quarter of 2016 versus losses of JOD 122,200 ($172,120) in the same quarter last year, according to a bourse filing.

Profits declined by 93.4% in the first nine months of the year to JOD 14,820 compared to profits of JOD 222,410 in the same period in 2015, the company said in a statement to the Amman Stock Exchange (ASE) on Monday.