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ARAB records net income of JD0.029 million in Q1 2017

2017-05-02

According to the financial statements of the Arab Investors ARAB for Q1 2017, Net profit after tax of the period reached 29,400 JD Compared with Net profit after tax 39,290 JD for 2016, a net decrease in profit of 25.17%.Total assets of the company reached 10,461,699 JD compared with total assets of 10,344,370 JD at the end of year 2016, a net increase of 1.13%.Total liabilities of the company reached 202,754 JD compared with total liabilities of 204,874 JD at the end of year 2016, a net decrease of 1.03%. Net ownership equity of the company reached 10,258,945 JD compared with total owner equity of 10,139,496 JD at the end of year 2016, a net increase of 1.18%.