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ARE’s Disclosure of Financial Statements for the 3rd Quarter of 2007

2007-11-01

ARE’s Disclosure of Financial Statements for the 3^rd Quarter of 2007

Palestine Securities exchange market received audited financial statements from the internal auditor in ARE as in 30/9/2007 ,This disclosure system grants a 1 month period to release the third quarter disclosure statements of this year.

 Also data on the company for the third quarter of this year points that the net profit reached to 1,818JD in comparison with 459,700JD in the third quarter in year 2006, and the total assets of the company has increased to 1,521,526JD where it was 1,781,692JD on the third quarter of the year 2006.

It notes that the total liabilities have also increased to 521,243JD compared to 499,486JD in the same period of 2006, and net shareholders rights increased to 1,282,206JD to 1,000,283JD at the end of the third quarter of this year comparing with the same period in 2006 .