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104 Thousand Dinars in Net Losses for the Arab Hotel Company in the first half of the current year.

2007-08-13

104 Thousand Dinars in Net Losses for the Arab Hotel Company in the first half of the current year.

  The AHC announced it had a net loss of 103,401JD in the first half of this year. This compared to last years semi-annual losses of 12,599JD.The Palestine Securities Exchange received AHC’s audited financial statements making it the sixth listed company in the service sector to have disclosed its semi-annual financial data for 2007.The audited financial statements indicated the company’s assets amounting to 19,243,200 JD after the semi-annual end. This compared to 19,099,003of last years semi-annual. The net contributors of the shareholders inclined to 18,899,364JD at the end of the first half of this year compared to 18,648,023JD at the end of the first half of last year.