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Jordanian Pharmaceutical narrows losses in Q3

Jordanian Pharmaceutical narrows losses in Q3
Losses reached JOD 2.97 million in 9 months - (Photo Credit: Arabianeye-Reuters)
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Mubasher: The Jordanian Pharmaceutical Manufacturing Company reported a 45% decline in losses in the third quarter of 2016 to JOD 2.03 million ($2.85 million) compared to JOD 3.7 million ($5.2 million) in the same quarter last year.

Losses also went down by 69.9% in the first nine months of the year to JOD 2.97 million from losses of JOD 9.9 million in the same period in 2015, the company said in a bourse filing on Wednesday.