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Arab Company for Paint Products earns pretax income of JD0.20 million in Q1 2011

2011-04-10

 Arab Company for Paint Products APC disclosed its financial results for the first quarter of this year, where they indicated a pretax income of JD199,903 compared to a pretax income of JD 86,002 in the first quarter of 2010. Total assets reached JD3,392,999 on 31/03/2011 compared to JD3,653,565 as of 31/12/2010. Total Liabilities amounted at JD1,304,973 on 31/03/2011 after they reached JD1,300,447 on 31/12/2010. Total shareholders’ equity settled at JD2,088,026 at the end of the first quarter of 2011 compared to JD2,353,116 at the end of 2010.