Arab East for Real Estate Investment turned to losses of JOD 435.4 thousand in the first half of 2014 compared to JOD 3 million profits in the first half of 2013.

Losses per share amounted JOD 0.041 in the first half this year, while earnings per share hit JOD 0.300 in the first half last year.

The company also turned to losses of JOD 277.6 thousand in the second quarter of 2014 against JOD 2.66 million profits in the same quarter of 2013.