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AIFF trims quarterly losses by 0.42%

AIFF trims quarterly losses by 0.42%
Photo Credit: Arabianeye-Reuters

Amman-Mubasher: The Arab International Food Factories (AIFF) posted a 0.42% decline in its losses for the first quarter of 2015, reaching JOD 33,560 ($47,200) from JOD 33,700 ($47,400) in Q1-14, according to a filing to Amman Stock Exchange.

AIFF previously reported a 53% growth in profits to JOD 2.05 million in 2014, compared to JOD 1.34 million in 2013.

The company’s capital amounts to JOD 10.5 million, distributed on 10.5 million shares.