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ARAB realizes net loss of JD0.27 million in Q1 2015

2015-04-30

According to the Arab Investors Company ARAB’s data for the first three months of the year, net loss reached (267,326) JOD, with a net profit before taxes of 4,502 JOD from the first three months of 2014. Total assets of the company reached 8,690,172 JOD as of March 31st, 2015, compared to total assets of 9,020,036 JOD as of December 31st, 2014, a net decrease of 3.7%. Total liabilities of the company reached 245,664 JOD as of March 31st, 2015, compared to total liabilities of 313,474 JOD as of December 31st, 2014, a net decrease of 21.6%. Net ownership equity of the company reached 8,444,508 JOD as of March 31st, 2015, compared with a net ownership equity of 8,706,562 JOD as of December 31st, 2014, a net decrease of 3.0% in the first three months.


 

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