Mubasher TV
Contact Us Advertising   العربية

Arab East Real Estate incurs JOD 1.15m losses in 2014

Arab East Real Estate incurs JOD 1.15m losses in 2014
Photo Credit: Arabianeye-Reuters
Arab East Real Estate
REAL
0.00% 1.52 0.00


Amman-Mubasher: Arab East for Real Estate Investment reported a loss of JOD 1.15 million ($1.61 million) in 2014, against a profit of JOD 2.35 million ($3.3 million) in 2013.
During the first half of 2014, the company reported a loss of JOD 435,400, versus a profit of JOD 3 million.
The real estate firm’s capital amounts to JOD 1 million, distribute 1 million shares at JOD 1 par value each.