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Arab Hotels Company (AHC) realizes a loss of JOD 0.16 million in the first half of 2010

2010-08-12

Arab Hotels Company (AHC) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a loss of JOD 0.16 million compared to a loss of JOD 0.27 million in the first half of 2009. The company’s assets reached JOD 31.56 million at the end 30/06/2010 after they reached JOD 27.30 million on 31/12/2009. Total liabilities reached JOD 8.08 million at the end of the first half of 2010 compared to JOD 4.29 million as of 31/12/2009. Shareholders’ equity reached JOD 23.47 million on 30/06/2010 after they reached JOD 23.01 million at the end of 2009.