Mubasher: Arab Potash Co reported a decline of 85% in net profits for the second quarter of 2016.
The company saw net profits of JOD 4.43 million ($6.2 million) in Q2-2016, down from JOD 28.7 million ($40.4 million) for the same period of the previous year.
As for the first half of 2016, the company registered net profits of JOD 28.7 million compared with JOD 61 million for the comparable period a year earlier.