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APC posts net income of JD0.65 million in 9M 2014

2014-10-15

According to the Arab Company for Paints Products APC’s data for the first nine months of the year, net profit after taxes reached 651,690 JOD, compared with a net profit after taxes of 660,183 JOD from the first nine months of 2013, a net decrease of 1.3%. Total assets of the company reached 4,529,687 JOD as of September 30^th, 2014, compared to total assets of 4,361,594 JOD as of December 31^st, 2013, a net increase of 3.9%. Total liabilities of the company reached 1,559,798 JOD as of September 30^th, 2014, compared to total liabilities of 1,354,877 JOD as of December 31^st, 2013, a net increase of 15.1%. Net ownership equity of the company reached 2,969,889 JOD as of September 30^th, 2014, compared with a net ownership equity of 3,006,717 JOD as of December 31^st, 2013, a net decrease of 1.2% in the first nine months.