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Arab Investors Co. (ARAB) realized losses of JOD 158,813 in the first half of 2010

2010-08-16

Arab Investors Co. (ARAB) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a loss of  JOD 158,813 comparing to JOD 4,647  in the first half of 2009. The company’s assets reached JOD 10,38 million at the end 30/06/2010 after they reached 7.51 million  on 31/12/2009. Total liabilities reached JOD 207,077 at the end of the first half of 2010 comparing to JOD 308,790 as of 31/12/2009. Shareholders’ equity reached JOD 10.17 million on 30/06/2010 after they reached JOD 7.20 at the end of 2009