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AHC realizes net loss of JD1.10 million in 9M 2017

2017-11-01

According to the financial statements of The Arab Hotels for the first nine months of 2017, Net Loss after tax of the period reached (1,102,639) JD Compared with Net Loss after tax (582,983) JD for 2016, a net increase in loss of 89.14%.Total assets of the company reached 28,344,151 JD compared with total assets of 29,153,852 JD at the end of year 2016, a net decrease of 2.78%.Total liabilities of the company reached 13,584,307 JD compared with total liabilities of 13,291,369 JD at the end of year 2016, a net increase of 2.20%. Net ownership equity of the company reached 14,759,844 JD compared with total owner equity of 15,862,483 JD at the end of year 2016, a net decrease of 6.95%.