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Al-Shark Electrode Company achieves pretax income of JD0.06 million in Q1 2013

2013-05-01

According to from Al-Shark Electrode Company ( ELECTRODE)’s data for the first three months of the year, net profit before tax reached 56,498 JOD, compared with a net profit before tax of 49,211 JOD from the first three months of 2012, a net increase of 14.8%. Total assets of the company reached 3,565,164 JOD as of March 31^st, 2013, compared to total assets of 3,481,896 JOD as of December 31^st, 2012, a net increase of 2.4%. Total liabilities of the company reached 308,104 JOD as of March 31^st, 2013, compared to total liabilities of 267,685 JOD as of December 31^st, 2012, a net increase of 15.1%. Net ownership equity of the company reached 3,257,060 JOD as of March 31^st, 2013, compared with a net ownership equity of 3,214,211 JOD as of December 31^st, 2012, a net increase of 1.3% in the first three months.