(MENAFN) Jordan's Mediterranean Tourism Investment Company (METICO) recorded USD5.52 million earnings in the first quarter of the year, marking a decrease of 7.1 percent year-on-year, Jordan Times reported.
METICO is a public shareholding company that owns the Four Seasons Hotel in Amman, which generated USD3.23 million of total earnings, with food and beverages bringing in USD1.4 million and "others" USDD0.84 million.
Gross profit generated from the hotel's operations amounted to USD1.54 million for the quarter, compared to USD1.82 million year-on-year.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.