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ELECTRODE reports net income of JD0.01 million in Q1 2017

2017-05-02

According to the financial statements of Al-Shark Electrode ELECTRODE for Q1 2017, Net profit after tax of the period reached 12,568 JD Compared with Net profit after tax 39,913 JD for 2016, a net decrease in profit of 68.51%.Total assets of the company reached 3,375,734 JD compared with total assets of 3,316,275 JD at the end of year 2016, a net increase of 1.79%.Total liabilities of the company reached 380,226 JD compared with total liabilities of 332,360 JD at the end of year 2016, a net increase of 14.40%. Net ownership equity of the company reached 2,995,508 JD compared with total owner equity of 2,983,915 JD at the end of year 2016, a net increase of 0.39%.