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AHC realizes net loss of JD0.53 million in Q1 2017

2017-05-02

According to the financial statements of the Arab Hotels AHC for Q1 2017, Net Loss after tax of the period reached (526,691) JD Compared with Net Loss after tax (422,977) JD for 2016, a net increase in loss of 24.52%.Total assets of the company reached 28,639,061 JD compared with total assets of 29,153,852 JD at the end of year 2016, a net decrease of 1.77%.Total liabilities of the company reached 13,303,269 JD compared with total liabilities of 13,291,369 JD at the end of year 2016, a net increase of 0.08%. Net ownership equity of the company reached 15,335,792 JD compared with total owner equity of 15,862,483 JD at the end of year 2016, a net decrease of 3.32%.