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AHC realizes net loss of JD0.30 million in H1 2014

2014-08-17

According to The Arab Hotels Company AHC’s data for the first six months of the year, net loss reached (297,686) JOD, compared with a net loss of (639,114) JOD from the first six months of 2013, a net decrease of loss of 53.4%. Total assets of the company reached 32,154,267 JOD as of June 30^th, 2014, compared to total assets of 31,804,158 JOD as of December 31^st, 2013, a net increase of 1.1%. Total liabilities of the company reached 14,072,943 JOD as of June 30^th, 2014, compared to total liabilities of 13,425,148 JOD as of December 31^st, 2013, a net increase of 4.8%. Net ownership equity of the company reached 18,081,324 JOD as of June 30^th, 2014, compared with a net ownership equity of 18,379,010 JOD as of December 31^st, 2013, a net decrease of 1.6% in the last six months.