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APC posts net income of JD1.01 million in 9M 2016

2016-10-17

According to the financial statements of the Arab Company for Paints Products APC for the first nine months of 2016, Net profit after tax of the period reached 1,013,891 JD Compared with Net profit after tax 802,023 JD for 2015, a net increase in profit of 26.42%.Total assets of the company reached 5,670,840 JD compared with total assets of 4,859,689 JD at the end of year 2015, a net increase of 16.69%.Total liabilities of the company reached 2,017,620 JD compared with total liabilities of 1,512,852 JD at the end of year 2015, a net increase of 33.36%. Net ownership equity of the company reached 3,653,220 JD compared with total owner equity of 3,346,837 JD at the end of year 2015, a net increase of 9.15%.