AMMAN —
The losses of the nine companies listed on the
Amman Stock Exchange in the
hotel and tourism sector decreased in 2021 by 65 percent compared to 2020,
shows research done by Sanabel Al-Khair for Financial Investments, according to
Al-Ghad news.
اضافة اعلان
The losses after tax in 2021 amounted to JD11.5
million, compared to JD33.1 million in the year before.
Eight of these companies suffered losses, while one
was profitable.
According to the
World Tourism Organization, the tourism sector is one of the sectors most
affected by the pandemic, and the last to recover, as it may need two to four
years to return to the pre-pandemic level.
The number of public joint-stock companies that
complied with the law and disclosure instructions in terms of providing the
Jordan Securities Commission with their preliminary business results reports
for the year 2021 or audited annual financial statements within the specified
legal period (45 days from the end of its fiscal year as a maximum) reached 198
out of 229 companies, or 86.5 percent.
The commission
stressed the importance of companies’ commitment to the laws in force, and
called on companies that are not committed to abiding by them to work to
project a positive image of companies to attract investment and thus enhance their
competitiveness and earn the confidence of local and foreign investors.
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