Mubasher: Specialized Trading and Investments Company shareholders offset part of its accumulated losses amounting to JOD 903,520 through its voluntary reserve, according to a bourse filing.
The rest of losses estimated at JOD 858,400 will be recouped through decreasing the capital from JOD 3.08 million to JOD 1 million.
The Jordanian company’s losses deepened 30.4% to reach JOD 43,150 ($60,690) in the first half of 2015, compared to JOD 33,090 ($46,540) in H1-14.
