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Methaq Real Estate Investment Company PSC has reported a net loss of 60,499 dinars for the second quarter, according to its latest financial disclosure. The update reflects the company's quarterly financial performance and comes after the company had returned to profitability in its full-year 2025 results. Methaq operates in the real estate development and investment sector in Jordan, with activities spanning land acquisition, property development, leasing, and real estate investments. The latest earnings announcement provides investors with an update on the company's financial position for the quarter.
Methaq Real Estate Investment Company PSC has reported a net loss of 60,499 dinars for the second quarter, according to a regulatory filing released in the past week. The company disclosed its latest quarterly financial results through an exchange filing.
The earnings update marks the company's financial performance for the three-month period and follows its latest series of quarterly disclosures. While the company posted a loss during the quarter, it had reported a full-year profit of 71,997 dinars for 2025, indicating a return to profitability after recording a loss in the previous financial year.
Methaq Real Estate Investment Company operates in Jordan's real estate sector and is engaged in land acquisition, subdivision, property sales, residential, commercial and industrial project development, leasing activities, as well as building maintenance and renovation. The company also undertakes the import of machinery and equipment related to the construction sector.
The latest filing did not provide additional details on the factors contributing to the quarterly loss or any forward-looking guidance. Investors are expected to monitor the company's upcoming financial disclosures for further clarity on its operational performance and business outlook.
Source Reuters