The Arab Hotels Company PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JOD 1.11 million compared to JOD 1.13 million a year ago. Net loss was JOD 0.242164 million compared to net income of JOD 0.08258 million a year ago. Basic loss per share from continuing operations was JOD 0.017 compared to basic earnings per share from continuing operations of JOD 0.006 a year ago. Diluted loss per share from continuing operations was JOD 0.017 compared to diluted earnings per share from continuing operations of JOD 0.006 a year ago.
For the nine months, sales was JOD 2.25 million compared to JOD 2.38 million a year ago. Net loss was JOD 0.968702 million compared to JOD 0.582185 million a year ago. Basic loss per share from continuing operations was JOD 0.069 compared to JOD 0.042 a year ago. Diluted loss per share from continuing operations was JOD 0.069 compared to JOD 0.042 a year ago.