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ARAB records net income of JD0.07 million in H1 2016

2016-08-25

According to the financial statements of the Arab Investors Company ARAB for the first half of 2016, Net profit after tax of the period reached 72,224 JD Compared with Net Loss after tax (790,990) JD for 2015. Total assets of the company reached 10,372,923 JD compared with total assets of 10,333,392 JD at the end of year 2015, a net increase of 0.38%.Total liabilities of the company reached 218,359 JD compared with total liabilities of 217,369 JD at the end of year 2015, a net increase of 0.45%. Net ownership equity of the company reached 10,154,564 JD compared with total owner equity of 10,116,023 JD at the end of year 2015, a net increase of 0.38%.