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APC reports net income of JD0.70 million in H1 2016

2016-08-08

According to the financial statements of the Arab Company for Paints Products APC for the first half of 2016, Net profit after tax of the period reached 703,324 JD Compared with Net profit after tax 467,834 JD for 2015, a net increase in profit of 50.34%.Total assets of the company reached 5,380,983 JD compared with total assets of 4,859,689 JD at the end of year 2015, a net increase of 10.73%.Total liabilities of the company reached 2,052,834 JD compared with total liabilities of 1,512,852 JD at the end of year 2015, a net increase of 35.69%. Net ownership equity of the company reached 3,328,149 JD compared with total owner equity of 3,346,837 JD at the end of year 2015, a net decrease of 0.56%.