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Al-Wataniah Towers Company earns pretax income of $0.07 million in Q1 2011

2011-04-17

Al-Wataniah Towers Company ABRAJ disclosed its financial results for the first quarter of this year, where they indicated a pretax income of $65,535 compared to a pretax income of $58,103 in the first quarter of 2010. Total assets reached $11,710,647 on 31/03/2011 compared to $11,563,253 as of 31/12/2010. Total Liabilities amounted at $399,600 on 31/03/2011 after they reached $297,478 on 31/12/2010. Total shareholders’ equity settled at $11,311,047 at the end of the first quarter of 2011 compared to $11,265,775 at the end of 2010.