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ARAB realizes net loss of JD0.49 million at the end of 2014

2015-02-11

According to the Arab Investors Company ARAB’s data for year-end preliminary financial statements for year 2014, net loss reached (487,322) JOD, compared with a net profit after Tax of 84,539 JOD in the audited data for 2013. Total assets of the company reached 9,020,036 JOD as of December 31st, 2014, compared to total assets of 9,510,327 JOD as of December 31st, 2013, a net decrease of 5.2%. Total liabilities of the company reached 313,474 JOD as of December 31st, 2014, compared to total liabilities of 83,782 JOD as of December 31st, 2013, a net increase of 274.2%. Net ownership equity of the company reached 8,706,562 JOD as of December 31st, 2014, compared with a net ownership equity of 9,426,545 JOD as of December 31st, 2013, a net decrease of 7.6%.


 

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