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ABRAJ achieves net income of $0.24 million in 9M 2013

2013-11-03

According to Al-Wataniah Towers Company ( ABRAJ)’s data for the first nine months of the year, net profit after taxes reached 239,336 USD, compared with a net profit after taxes of 156,298 USD from the first nine months of 2012, a net increase of 53.1%. Total assets of the company reached 13,498,141 USD as of September 30^th, 2013, compared to total assets of 13,445,002 USD as of December 31^st, 2012, a net increase of 0.4%. Total liabilities of the company reached 1,261,964 USD as of September 30^th, 2013, compared to total liabilities of 1,354,599 USD as of December 31^st, 2012, a net decrease of 6.8%. Net ownership equity of the company reached 12,236,177 USD as of September 30^th, 2013, compared with a net ownership equity of 12,090,403 USD as of December 31^st, 2012, a net increase of 1.2% in the first nine months.