Mubasher: Jordan Mortgage Refinance Company reported a 2.31% decrease in profits in the third quarter of 2016, according to a bourse filing.

Profits reached JOD 272,050 ($383,330) in Q3-16 compared to profits of JOD 278,500 ($392,400) in Q3-15, the company said in a statement to the Amman Stock Exchange (ASE) on Monday.

As for the first nine months of the year profits declined by 14.2% to JOD 797,960 compared to profits of JOD 930,030 in the same period last year.