Mubasher: Universal Modern Industries posted on Sunday a net loss of JOD 7,960 ($11,190) for the fourth quarter of fiscal 2016, against a net profit of JOD 187,150 ($263,260) for Q4-15.
In the fiscal year 2016, profit increased 8.48% to JOD 1.37 million from JOD 1.26 million for fiscal 2015, according to a bourse filing.
Operating revenue declined 2.75% in fiscal 2016 to JOD 16.90 million from JOD 17.38 million in 2015.
