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ARAB realizes net loss of JD0.02 million in 9M 2013

2013-10-29

According to The Arab Investors Company ( ARAB)’s data for the first nine months of the year, net loss reached (19,317) JOD, compared with a net profit after taxes of 2,836 JOD from the first nine months of 2012. Total assets of the company reached 9,349,250 JOD as of September 30^th, 2013, compared to total assets of 9,406,946 JOD as of December 31^st, 2012, a net decrease of 0.6%. Total liabilities of the company reached 105,808 JOD as of September 30^th, 2013, compared to total liabilities of 121,538 JOD as of December 31^st, 2012, a net decrease of 12.9%. Net ownership equity of the company reached 9,243,442 JOD as of September 30^th, 2013, compared with a net ownership equity of 9,285,408 JOD as of December 31^st, 2012, a net decrease of 0.5% in the first nine months.