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APC reports net income of JD0.50 million in H1 2014

2014-08-10

According to the Arab Company for Paints Products  APC’s data for the first six months of the year, net profit after taxes reached 492,805 JOD, compared with a net profit after taxes of 377,925 JOD from the first six months of 2013, a net increase of 30.4%. Total assets of the company reached 4,500,741 JOD as of June 30^th, 2014, compared to total assets of 4,361,594 JOD as of December 31^st, 2013, a net increase of 3.2%. Total liabilities of the company reached 1,605,120 JOD as of June 30^th, 2014, compared to total liabilities of 1,354,879 JOD as of December 31^st, 2013, a net increase of 18.5%. Net ownership equity of the company reached 2,895,621 JOD as of June 30^th, 2014, compared with a net ownership equity of 3,006,715 JOD as of December 31^st, 2013, a net decrease of 3.7% in the last six months.