Real Estate: JOD4.2m Losses of 14 Companies

تم نشره في Thu 11 August / Aug 2016. 12:00 AM
  • Buildings under construction in Amman - (Al Ghad)

AMMAN —Al Ghad— Out of 33 real estate companies in the Amman Stock Exchange, 14 companies disclosed their financial results for the first half of the current year, 2016, denoting a total loss of JOD4.213 million, citing a 163 per cent leap in total sector losses from last year’s 1st half at JOD1.603 million. The remainder of 19 companies totalled gains for the first 6 months of the year at JOD9.472 million, rising from 2015’s JOD5.984 million for the first half.

All in all, the sector gross profit-loss indicates a 20 per cent increase from last year’s JOD4.381 million, at a gross sum of JOD5.259 million, in net for the sector of 33 companies.