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AHC realizes net loss of JD0.34 million in Q1 2015

2015-05-04

According to the Arab Hotels AHC’s data for the first three months of the year, net loss reached (337,227) JOD, compared with a net loss of (322,544) JOD from the first three months of 2014, a net increase in loss of 4.6%. Total assets of the company reached 30,794,424 JOD as of March 31^st, 2015, compared to total assets of 30,987,245 JOD as of December 31^st, 2014, a net decrease of 0.6%. Total liabilities of the company reached 13,020,461 JOD as of March 31^st, 2015, compared to total liabilities of 12,876,055 JOD as of December 31^st, 2014, a net increase of 1.1%. Net ownership equity of the company reached 17,773,963 JOD as of March 31^st, 2015, compared with a net ownership equity of 18,111,190 JOD as of December 31^st, 2014, a net decrease of 1.9% in the first three months.