Al-Mamoura Real Estate Investment Company, listed on the Iraqi Stock Exchange, became the third-quarter loss in comparison to the third quarter of last year, according to the company's financial statements.
The company said in a statement on Wednesday that it had achieved losses of KD 11.56 million ($ 9.72 thousand), against a profit of 10.4 million dinars ($ 8.74 thousand) in the third quarter of 2016.
The company's financial statements indicated a decline in revenues in the third quarter of this year to KD 16 million, compared to revenues of KD 24.59 million in the third quarter of 2016.
The company's losses in the second quarter of this year fell to 19.46 million dinars, compared with losses of 28.32 million dinars in the second quarter of last year.
SOURCE
The company said in a statement on Wednesday that it had achieved losses of KD 11.56 million ($ 9.72 thousand), against a profit of 10.4 million dinars ($ 8.74 thousand) in the third quarter of 2016.
The company's financial statements indicated a decline in revenues in the third quarter of this year to KD 16 million, compared to revenues of KD 24.59 million in the third quarter of 2016.
The company's losses in the second quarter of this year fell to 19.46 million dinars, compared with losses of 28.32 million dinars in the second quarter of last year.
SOURCE