Mubasher: Jordan’s Rumm Financial Brokerage reported on Thursday that its profits for the third quarter of 2016 declined 44.22%.
The company's profits fell to JOD 22,100 ($31,090) in Q3-16 from JOD 39,620 ($55,720) in Q3-15, according to a bourse filing.
Rumm’s profits dropped 89.83% to JOD 6.07 million in the first nine months of the year from JOD 59.74 million in the prior-year period.
Total revenues retreated 19.64% to JOD 182,840 in the nine-month period of 2016, compared to JOD 227,530 in the year-ago period.
