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ABRAJ records net income of $0.35 million in 2013

2014-02-11

According to Al-Wataniah Towers Co.  data for year-end preliminary financial statements for year 2013, net profit after taxes reached 352,437 USD, compared with a net profit after taxes of 223,887 USD in the audited data for 2012, a net increase of 57.4%. Total assets of the company reached 13,198,877 USD as of December 31st, 2013, compared to total assets of 13,445,030 USD as of December 31st, 2012, a net decrease of 1.8%. Total liabilities of the company reached 850,032 USD as of December 31st, 2013, compared to total liabilities of 1,354,627 USD as of December 31st, 2012, a net decrease of 37.2%. Net ownership equity of the company reached 12,348,845 USD as of December 31st, 2013, compared with a net ownership equity of 12,090,403 USD as of December 31st, 2012, a net increase of 2.1%.

 


 

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