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AHC realizes net income of JD0.65 million at the end of 2014

2015-02-16

According to the Arab Hotels Company AHC’s data for year-end preliminary financial statements for year 2014, net loss reached (646,355) JOD, compared with a net loss of (1,017,360) JOD in the audited data for 2013, a net decrease in loss of 36.5%. Total assets of the company reached 31,052,734 JOD as of December 31st, 2014, compared to total assets of 31,891,235 JOD as of December 31st, 2013, a net decrease of 2.6%. Total liabilities of the company reached 12,966,820 JOD as of December 31st, 2014, compared to total liabilities of 13,158,966 JOD as of December 31st, 2013, a net decrease of 1.5%. Net ownership equity of the company reached 18,085,914 JOD as of December 31st, 2014, compared with a net ownership equity of 18,732,269 JOD as of December 31st, 2013, a net decrease of 3.5%.