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AHC realizes net loss of JD1.14 million at the end of 2018

2019-02-18

According to the financial statements of The Arab Hotels AHC for the year 2018, Net Loss after tax of the period reached (1,136,963) JD Compared with Net Loss after tax (1,518,431) JD for 2017, a net decrease in loss of 25.12%.Total assets of the company reached 27,452,906 JD compared with total assets of 27,945,979 JD at the end of year 2017, a net decrease of 1.76%.Total liabilities of the company reached 14,291,646 JD compared with total liabilities of 13,601,927 JD at the end of year 2017, a net increase of 5.07%. Net ownership equity of the company reached 13,161,260 JD compared with total owner equity of 14,344,052 JD at the end of year 2017, a net decrease of 8.25%.