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AHC realizes net income of JD1.49 million in H1 2020

2020-09-03

According to the financial statements of the Arab Hotel Company AHC for the first half of 2020, Net Loss after tax of the period reached (1,492,602) JD Compared with Net Loss after tax (776,575) JD for 2019, a net increase in loss of 92.20%.Total assets of the company reached 25,408,467 JD compared with total assets of 26,459,691 JD at the end of year 2019, a net decrease of 3.97%.Total liabilities of the company reached 14,992,151 JD compared with total liabilities of 14,550,773 JD at the end of year 2019, a net increase of 3.03%. Net ownership equity of the company reached 10,416,316 JD compared with total owner equity of 11,908,918 JD at the end of year 2019, a net decrease of 12.53%.