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ARAB posts net income of JD0.08 million in 2013

2014-02-13

According to Arab Investors Company ARAB data for year-end preliminary financial statements for year 2013, net profit after taxes reached 84,539 JOD, compared with a net loss of (63,963) JOD in the audited data for 2012. Total assets of the company reached 9,510,327 JOD as of December 31st, 2013, compared to total assets of 9,406,946 JOD as of December 31st, 2012, a net increase of 1.1%. Total liabilities of the company reached 83,782 JOD as of December 31st, 2013, compared to total liabilities of 121,538 JOD as of December 31st, 2012, a net decrease of 31.1%. Net ownership equity of the company reached 9,426,545 JOD as of December 31st, 2013, compared with a net ownership equity of 9,285,408 JOD as of December 31st, 2012, a net increase of 1.5%.


 

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