Arab Electrical Industries 9M losses soar 664%

Mubasher: Arab Electrical Industries Company reported on Wednesday net losses of JOD 532,700 in the first nine months of 2015.

Losses surged as much as 663.99% in the January-September period last year, compared to JOD 69,720 in the same period of 2014, according to the company’s financial statements.

The Amman-listed company earlier reported net losses of 249,800 in H1-15, widening 196.5% compared to JOD 84,240 in the same period of 2014.

 

Mubasher Contribution Time: 20-Jan-2016 10:11 (GMT)