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AHC realizes net loss of JD1.35 million in 2021

2022-02-15

According to the financial statements of the Arab Hotels Company AHC for the year 2021, Net Loss after tax of the period reached (1,349,868) JD Compared with Net Loss after tax (2,992,560) JD for 2020, a net decrease in loss of 54.89%.Total assets of the company reached 24,934,328 JD compared with total assets of 24,828,212 JD at the end of year 2020, a net increase of 0.43%.Total liabilities of the company reached 17,367,838 JD compared with total liabilities of 15,911,854 JD at the end of year 2020, a net increase of 9.15%. Net ownership equity of the company reached 7,566,490 JD compared with total owner equity of 8,916,358 JD at the end of year 2020, a net decrease of 15.14%.Noting that paid-in capital decreased from 19,677,158 JD in year 2020 to 11,908,918 JD of this year,a net decrease of 39.48%.