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


 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.


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