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ARAB realizes net loss of JD0.80 million in H1 2015

2015-08-17

According to the Arab Investors Company ARAB’s data for the first six months of the year, net loss reached (790,990) JOD, compared with a net loss of (11,332) JOD from the first six months of 2015, a net increase in loss of 6880.1%. Total assets of the company reached 8,674,407 JOD as of June 30^th, 2015, compared to total assets of 9,020,036 JOD as of December 31^st, 2014, a net decrease of 3.8%. Total liabilities of the company reached 238,618 JOD as of June 30^th, 2015, compared to total liabilities of 313,474 JOD as of December 31^st, 2014, a net decrease of 23.9%. Net ownership equity of the company reached 8,435,789 JOD as of June 30^th, 2015, compared with a net ownership equity of 8,706,562 JOD as of December 31^st, 2014, a net decrease of 3.1% in the last six months.