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APC posts net income of JD0.12 million in Q1 2015

2015-04-14

According to the Arab Company for Paints Products  APC’s data for the first three months of the year, net profit after taxes reached 116,545 JOD, compared with a net profit after taxes of 231,767 JOD from the first three months of 2014, a net decrease of 49.7%. Total assets of the company reached 3,840,309 JOD as of March 31st, 2015, compared to total assets of 4,218,180 JOD as of December 31st, 2014, a net decrease of 9.0%. Total liabilities of the company reached 1,411,160 JOD as of March 31st, 2015, compared to total liabilities of 1,312,202 JOD as of December 31st, 2014, a net increase of 7.5%. Net ownership equity of the company reached 2,429,149 JOD as of March 31st, 2015, compared with a net ownership equity of 2,905,978 JOD as of December 31st, 2014, a net decrease of 16.4% in the first three months.