Amman-Mubasher: Salam International Transport and Trading Company (SITTCo) reported a 1444.2% surge in losses to JOD 460,800 ($649,500) in the first quarter of 2015, compared to JOD 29,840 ($42,100) in the same quarter of 2014, according to a filing to Amman Stock Exchange.
The company’s losses soared 298% to JOD 1.93 million in 2014, compared to JOD 485,100 in 2013.
SITTCo’s capital amounts to JOD 15 million, distributed on 15 million shares.