Arab Investors(Arab) Reports Audited Earnings Results for the Year Ended December 31, 2017
Arab Investors(Arab) reported audited earnings results for the year ended December 31, 2017. For the full year, the company reported properties rent income of JOD 178,858 compared to JOD 175,087 a year ago. Net Income before tax was JOD 56,264 compared to 57,150 a year ago. Net Income after tax was JOD 56,264 compared to 57,150 a year ago. Basic and diluted earnings per share were JOD 0.006 compared to 0.006 a year ago. Net cash flow from operating was JOD 73,177 compared to 22,923 a year ago. Activities Purchase of Property, Plant and Equipment was JOD 6,643 compared to JOD 455 a year ago.