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AHC realizes net loss of JD2.99 million in 2020

2021-02-16

According to the financial statements of the Arab Hotels Company AHC for the year 2020, Net Loss after tax of the period reached (2,992,560) JD Compared with Net Loss after tax (1,252,342) JD for 2019, a net increase in loss of 138.96%.Total assets of the company reached 24,828,212 JD compared with total assets of 26,459,691 JD at the end of year 2019, a net decrease of 6.17%.Total liabilities of the company reached 15,911,854 JD compared with total liabilities of 14,550,773 JD at the end of year 2019, a net increase of 9.35%. Net ownership equity of the company reached 8,916,358 JD compared with total owner equity of 11,908,918 JD at the end of year 2019, a net decrease of 25.13%.