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Arab Real Estate Establishment (ARE) realizes a loss of JD 212 thousand in the third quarter of 2010

2010-10-28

Arab Real Estate Establishment (ARE) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a loss of JD 0.21 million comparing to a profit of JD 77 thousand in the third quarter of 2009. The company’s assets reached JD 1.535 million at the end 30/09/2010 after they reached JD 1.10  million on 31/12/2009. Total liabilities reached JD 0.72 million at the end of the third quarter of 2010 comparing to JD 69 thousand  as of 31/12/2009. Shareholders’ equity reached JD 0.82  million on 30/09/2010 after they reached JD 1.02 million at the end of 2009.