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APC posts net income of JD1.20 million at the end of 2016


According to the financial statements of the Arab Company for Paints Products APC for the year 2016, Net profit after tax of the period reached 1,204,812 JD Compared with Net profit after tax 1,062,921 JD for 2015, a net increase in profit of 13.35%.Total assets of the company reached 5,618,267 JD compared with total assets of 4,859,689 JD at the end of year 2015, a net increase of 15.61%.Total liabilities of the company reached 1,837,076 JD compared with total liabilities of 1,512,852 JD at the end of year 2015, a net increase of 21.43%. Net ownership equity of the company reached 3,781,191 JD compared with total owner equity of 3,346,837 JD at the end of year 2015, a net increase of 12.98%.


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