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APC achieves net income of JD0.80 million in 2013

2014-01-28

According to The Arab Paint Products Company ( APC)’s data for year-end preliminary financial statements for year 2013, net profit after taxes reached 801,916 JOD, compared with a net profit after taxes of 515,983 JOD in the audited data for 2012, a net increase of 55.4%. Total assets of the company reached 4,361,594 JOD as of December 31^st, 2013, compared to total assets of 3,986,332 JOD as of December 31^st, 2012, a net increase of 9.4%. Total liabilities of the company reached 1,354,878 JOD as of December 31^st, 2013, compared to total liabilities of 1,455,577 JOD as of December 31^st, 2012, a net decrease of 6.9%. Net ownership equity of the company reached 3,006,617 JOD as of December 31^st, 2013, compared with a net ownership equity of 2,530,755 JOD as of December 31^st, 2012, a net increase of 18.8%.