Zara Investment Holding Company Limited announced consolidated earnings results for the fiscal year 2013. For the year, gross operating revenue reached JOD 79.7 million (approximately USD 112.6 million), which represent a decline of 3.9% over the previous year; net operating revenues reached JOD 19.9 million, which represent a decline of 12.4% over 2011. The 4% drop in revenues echoes the decline in the travel and tourism industry in Jordan which witnessed a 14% drop in the number of the overall visitors to Jordan.

Consolidated net loss attributable to shareholders reached JOD 1.26 million compared to 1.16 profits for the previous year.