Mubasher: Jordan’s Universal Chemical Industries Company reported on Tuesday net losses of JOD 155,500 in the first nine months of 2015.
Losses shrank by 11.53% in the first nine months of 2015, compared to JOD 175,700 in the same period of 2014, according to the company’s financial statements.
Accumulated losses rose from JOD 821,270 in 9M-14, up to JOD 976,780 last year, about 65% of the company’s capital which amounts to JOD 1.5 million.
The Amman-listed company earlier trimmed its H1-15 losses by 43.13% to JOD 79,430, versus JOD 139,600 in the same period of 2014.
