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ELECTRODE records net income of JD0.09 million in 9M 2015

2015-10-27

According to the financial statements of Al-Shark Electrode Company ELECTRODE for the first nine months of 2015, Net profit after tax of the period reached 89,538 JD Compared with Net profit after tax 69,005 JD for 2014, a net increase in profit of 29.76%.Total assets of the company reached 3,290,304 JD compared with total assets of 3,305,377 JD at the end of year 2014, a net decrease of 0.46%.Total liabilities of the company reached 208,943 JD compared with total liabilities of 213,827 JD at the end of year 2014, a net decrease of 2.28%. Net ownership equity of the company reached 3,081,361 JD compared with total owner equity of 3,091,550 JD at the end of year 2014, a net decrease of 0.33%.