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ARAB reports net income of JD0.04 million in Q1 2016

2016-04-27

According to the financial statements of the Arab Investors Company ARAB for Q1 2016, Net profit after tax of the period reached 39,290 JD Compared with Net Loss after tax (267,326) JD for 2015.Total assets of the company reached 10,308,851 JD compared with total assets of 10,333,392 JD at the end of year 2015, a net decrease of 0.24%.Total liabilities of the company reached 175,957 JD compared with total liabilities of 217,369 JD at the end of year 2015, a net decrease of 19.05%. Net ownership equity of the company reached 10,132,894 JD compared with total owner equity of 10,116,023 JD at the end of year 2015, a net increase of 0.17%.