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ARAB realizes net loss of JD0.01 million in H1 2014

2014-08-10

According to the Arab Investors Company ARAB’s data for the first six months of the year, net loss reached (11,332) JOD, compared with a net profit after taxes of 128,672 JOD from the first six months of 2013. Total assets of the company reached 9,228,643 JOD as of June 30th, 2014, compared to total assets of 9,510,327 JOD as of December 31st, 2013, a net decrease of 3.0%. Total liabilities of the company reached 75,887 JOD as of June 30th, 2014, compared to total liabilities of 83,782 JOD as of December 31st, 2013, a net decrease of 9.4%. Net ownership equity of the company reached 9,152,756 JOD as of June 30th, 2014, compared with a net ownership equity of 9,426,545 JOD as of December 31st, 2013, a net decrease of 2.9% in the last six months.

 


 

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