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ABRAJ records net income $0.08 million in Q1 2017

2017-05-02

According to the financial statements of AL-Wataniah Towers ABRAJ  for Q1 2017, Net profit after tax of the period reached 87,326 USD Compared with Net profit after tax 65,600 USD for 2016, a net increase in profit of 33.12%.Total assets of the company reached 14,116,891 USD compared with total assets of 13,889,817 USD at the end of year 2016, a net increase of 1.63%.Total liabilities of the company reached 1,057,568 USD compared with total liabilities of 917,820 USD at the end of year 2016, a net increase of 15.22%. Net ownership equity of the company reached 13,059,323 USD compared with total owner equity of 12,971,997 USD at the end of year 2016, a net increase of 0.67%.