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APC records net income of JD0.80 million in 9M 2015

2015-10-19

According to the Arab Company for Paints Products APC’s financial statements for the first nine months of 2015, Net profit after tax of the period reached JD 802,023 Compared with Net profit after tax JD 651,690 for 2014, a net increase in profit of 23.07%.Total assets of the company reached JD 4,963,779 compared with total assets of JD 4,218,180 at the end of year 2014, a net increase of 17.68%.Total liabilities of the company reached JD 1,825,944 compared with total liabilities of JD 1,312,200 at the end of year 2014, a net increase of 39.15%. Net shareholders’ equity of the company reached JD 3,137,835 compared with total shareholders’ equity of JD 2,905,980 at the end of year 2014, a net increase of 7.98%.