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AHC realizes net loss of JD0.44 million in Q1 2019

2019-04-30

According to the financial statements of the Arab Hotels Company AHC for 1st Quarter of 2019, Net Loss after tax of the period reached (438,891) JD Compared with Net Loss after tax (325,116) JD for 2018, a net increase in loss of 35.00%.Total assets of the company reached 27,056,570 JD compared with total assets of 27,452,906 JD at the end of year 2018, a net decrease of 1.44%.Total liabilities of the company reached 14,334,201 JD compared with total liabilities of 14,291,646 JD at the end of year 2018, a net increase of 0.29%. Net ownership equity of the company reached 12,722,369 JD compared with total owner equity of 13,161,260 JD at the end of year 2018, a net decrease of 3.33%.