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ARAB realizes net loss of JD0.007 million in 9M 2014

2014-10-27

According to Arab Investors Company ARAB’s data for the first nine months of the year, net loss reached (6,774) JOD, compared with a net loss of (19,317) JOD from the first nine months of 2013, a net decrease in loss of 64.9%. Total assets of the company reached 9,185,391 JOD as of September 30^th, 2014, compared to total assets of 9,510,327 JOD as of December 31^st, 2013, a net decrease of 3.4%. Total liabilities of the company reached 71,017 JOD as of September 30^th, 2014, compared to total liabilities of 83,782 JOD as of December 31^st, 2013, a net decrease of 15.2%. Net ownership equity of the company reached 9,114,374 JOD as of September 30^th, 2014, compared with a net ownership equity of 9,426,545 JOD as of December 31^st, 2013, a net decrease of 3.3% in the first nine months.