Amman-Mubasher: Arab Pesticides and Veterinary Drugs Manufacturing Company (Mobedco) reported a 50.8% decline in profits to JOD 659,840 ($928,320) in the first quarter of 2015, compared to JOD 1.34 million ($1.89 million), according to a filing to Amman Stock Exchange.

The company reported a profit of JOD 2.19 million in 2014 compared to JOD 2.58 million in 2013, a decline of 15.1%.

Mobedco’s capital amounts to JOD 12 million, distributed on 12 million shares.