Mubasher: Jordan’s Rumm Financial Brokerage posted a net profit of JOD 59,736 ($83,914) in the first nine months of 2015, a drop of 19.1% when compared to JOD 73,839 ($103,720) in the same period last year, according to the company’s financial statement on Thursday.
The statement cited a rise in administrative expenses to JOD 99,600 – versus JOD 47,950 in 2014 – that drove down net profit. The company, meanwhile, shed light on a rise in its total revenue to about JOD 227,530 from JOD 187,260.
The Amman-listed broker previously reported a drop of 61.37% in the H1-15 profit, reaching JOD 20,110 ($28,270).
