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ABRAJ posts net income of $0.16 million in H1 2015

2015-08-16

According to Al-Wataniah Towers Company ABRAJ’s data for the first six months of the year 2015, net profit after taxes reached 156,779 USD, compared with a net profit after taxes of 107,850 USD from the first six months of 2014, a net increase of 45.4%. Total assets of the company reached 13,199,965 USD as of June 30^th, 2015, compared to total assets of 13,050,322 USD as of December 31^st, 2014, a net increase of 1.1%. Total liabilities of the company reached 589,599 USD as of June 30^th, 2015, compared to total liabilities of 596,735 USD as of December 31^st, 2014, a net decrease of 1.2%. Net ownership equity of the company reached 12,610,366 USD as of June 30^th, 2015, compared with a net ownership equity of 12,453,587 USD as of December 31^st, 2014, a net increase of 1.3% in the last six months.