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APC records net income of JD0.33 million in Q1 2017

2017-04-11

According to the financial statements of the Arab Company for Paints Products APC for the 1st Quarter of 2017, Net profit after tax of the period reached 327,916 JD Compared with Net profit after tax 318,788 JD for 2016, a net increase in profit of 2.86%.Total assets of the company reached 5,750,373 JD compared with total assets of 5,618,267 JD at the end of year 2016, a net increase of 2.35%.Total liabilities of the company reached 2,154,291 JD compared with total liabilities of 1,837,076 JD at the end of year 2016, a net increase of 17.26%. Net ownership equity of the company reached 3,596,082 JD compared with total owner equity of 3,781,191 JD at the end of year 2016, a net decrease of 4.90%.