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ELECTRODE posts net income of JD0.09 million in 2015

2016-02-14

According to the financial statements of Al-Shark Electrode Company ELECTRODE for the year 2015, Net profit after tax of the period reached 90,592 JD Compared with Net profit after tax 91,480 JD for 2014, a net decrease in profit of 0.97%.Total assets of the company reached 3,316,731 JD compared with total assets of 3,305,377 JD at the end of year 2014, a net increase of 0.34%.Total liabilities of the company reached 243,408 JD compared with total liabilities of 213,827 JD at the end of year 2014, a net increase of 13.83%. Net ownership equity of the company reached 3,073,323 JD compared with total owner equity of 3,091,550 JD at the end of year 2014, a net decrease of 0.59%.