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AHC realizes net loss of JD1.67 million in 2023

2024-03-18

According to the financial statements of the Arab Hotels Company AHC for the year 2023, Net Loss after tax of the period reached (1,668,835) JD Compared with Net Loss after tax (1,011,679) JD for 2022, a net increase in loss of 64.96%.Total assets of the company reached 22,800,550 JD compared with total assets of 23,636,453 JD at the end of year 2022, a net decrease of 3.54%.Total liabilities of the company reached 14,118,029 JD compared with total liabilities of 17,081,592 JD at the end of year 2022, a net decrease of 17.34%. Net ownership equity of the company reached 8,682,521 JD compared with total owner equity of 6,554,861 JD at the end of year 2022, a net increase of 32.46%.Noting that paid-in capital increased from 11,908,918 JD in year 2022 to 15,705,413 JD of this year,a net increase of 31.88%