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AHC realizes net loss of JD0.30 million in Q1 2022

2022-05-16

According to the financial statements of the Arab Hotels Company AHC for the 1st Quarter of 2022, Net Loss after tax of the period reached (298,045) JD Compared with Net Loss after tax (466,384) JD for 2021, a net decrease in loss of 36.09%.Total assets of the company reached 24,627,974 JD compared with total assets of 24,934,378 JD at the end of year 2021, a net decrease of 1.23%.Total liabilities of the company reached 17,359,479 JD compared with total liabilities of 17,367,838 JD at the end of year 2021, a net decrease of 0.04%. Net ownership equity of the company reached 7,268,495 JD compared with total owner equity of 7,566,540 JD at the end of year 2021, a net decrease of 3.94%.