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AHC realizes net loss of JD0.41 million in Q1 2023

2023-05-17

According to the financial statements of the Arab Hotels Company AHC for the 1st Quarter of 2023, Net Loss after tax of the period reached (405,959) JD Compared with Net Loss after tax (298,045) JD for 2022, a net increase in loss of 36.21%.Total assets of the company reached 23,347,515 JD compared with total assets of 23,636,453 JD at the end of year 2022, a net decrease of 1.22%.Total liabilities of the company reached 17,198,613 JD compared with total liabilities of 17,081,592 JD at the end of year 2022, a net increase of 0.68%. Net ownership equity of the company reached 6,148,902 JD compared with total owner equity of 6,554,861 JD at the end of year 2022, a net decrease of 6.19%.