Mubasher: Jordanian Electric Power Co. (JEPCO) announced on Sunday a 31.17% year-on-year decline in profits in the second quarter of 2016, to JOD 4.04 million ($10.47 million) from JOD 5.87 million ($15.21 million).

JEPCO recorded a net loss of JOD 3.29 million in the first half of the year, registering an increase in losses by 3.76% compared to H1-15, according to a bourse filing.