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Arab Real Estate Establishment discloses its annual financial results for 2009

2010-02-10

 Arab Real Estate Establishment ARE (Listed in PSE) announced its preliminary annual financial results as of 31/12/2009. The results indicate the following:

·         Net income of JOD 98,872 with a growth rate of %38.72

·         Total assets of JOD 1,095,390 with a decline rate of % 21.04

·         Total shareholders" equity of  JOD 1,025,521 with a growth rate of %10.68 .