Amman-listed Shira Real Estate Development and Investment announced its financials in a statement, reporting a loss of JOD 131.19 THD by September 30, 2014, compared to JOD 164.28 THD in the corresponding period last year.

According to Shira’s data, total sales amounted to JOD 300,000 in the nine-month period ending September 30, 2014 against JOD 1.34 million in the same period a year earlier, dropping 77.7%.

The company’s losses amounted to JOD 16.15 THD during the third quarter of 2014, against JOD 31.35 THD in the same period last year, retreating by 48.46%.

Shira operates within the real estate sector focusing on diversified real estate activities. Its capital amounts to JOD 11.58 million, distributed on 11.58 million shares at JOD 1 par value each.