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AHC realizes net loss of JD0.64 million in 9M 2014

2014-10-29

According to The Arab Hotels Company AHC’s data for the first nine months of the year, net loss reached (639,944) JOD, compared with a net loss of (754,311) JOD from the first nine months of 2013, a net decrease in loss of 15.2%. Total assets of the company reached 31,328,214 JOD as of September 30^th, 2014, compared to total assets of 31,804,158 JOD as of December 31^st, 2013, a net decrease of 1.5%. Total liabilities of the company reached 13,589,148 JOD as of September 30^th, 2014, compared to total liabilities of 13,425,148 JOD as of December 31^st, 2013, a net increase of 1.2%. Net ownership equity of the company reached 17,739,066 JOD as of September 30^th, 2014, compared with a net ownership equity of 18,379,010 JOD as of December 31^st, 2013, a net decrease of 3.5% in the first nine months.