Amman-Mubasher: Jordan Telecom (Orange) reported a 30.6% drop in profits to JOD 8.6 million in the first quarter of 2015, compared to JOD 12.39 million ($17.43 million) in Q1-14, according to a filing to Amman Stock Exchange.
Orange reported a decline in profit by 18.6% to JOD 42.12 million in 2014, compared to JOD 51.72 million in 2013.
The Amman-listed firm’s capital amounts to JOD 250 million, distributed on 250 million shares at JOD 1 par value each.
