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The Arab Company for Paints Products achieved a pretax income of JD0.19 million for Q1 2013

2013-04-16

According to company data for the first three months of the year, net profit before tax reached 193,776 JOD, compared with a net profit before tax of 91,780 JOD from the first three months of 2012, a net increase of 111.1%. Total assets of the company reached 3,829,051 JOD as of March 31^st, 2013, compared to total assets of 3,986,332 JOD as of December 31^st, 2012, a net decrease of 3.9%. Total liabilities of the company reached 1,504,964 JOD as of March 31^st, 2013, compared to total liabilities of 1,455,577 JOD as of December 31^st, 2012, a net increase of 3.4%. Net ownership equity of the company reached 2,324,086 JOD as of March 31^st, 2013, compared with a net ownership equity of 2,530,755 JOD as of December 31^st, 2012, a net decrease of 8.2% in the first three months.