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AHC realizes net loss of JD0.73 million in H1 2023

2023-08-17

According to the financial statements of the Arab Hotels Company AHC for the first half of 2023, Net Loss after tax of the period reached (726,538) JD Compared with Net Loss after tax (664,765) JD for 2022, a net increase in loss of 9.29%.Total assets of the company reached 23,242,148 JD compared with total assets of 23,636,453 JD at the end of year 2022, a net decrease of 1.67%.Total liabilities of the company reached 13,617,330 JD compared with total liabilities of 17,081,592 JD at the end of year 2022, a net decrease of 20.28%. Net ownership equity of the company reached 9,624,818 JD compared with total owner equity of 6,554,861 JD at the end of year 2022, a net increase of 46.83%.Noting that paid-in capital increased from 11,908,918 JD in year 2022 to 15,705,413 JD of this year,a net increase of 31.88%.