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ARAB records net income of JD0.05 million in H1 2017

2017-08-09

According to the financial statements of Arab Investors ARAB for the first half of 2017, Net profit after tax of the period reached 47,435 JD Compared with Net profit after tax 72,224 JD for 2016, a net decrease in profit of 34.32%.Total assets of the company reached 10,662,645 JD compared with total assets of 10,344,370 JD at the end of year 2016, a net increase of 3.08%.Total liabilities of the company reached 194,923 JD compared with total liabilities of 204,874 JD at the end of year 2016, a net decrease of 4.85%. Net ownership equity of the company reached 10,467,722 JD compared with total owner equity of 10,139,496 JD at the end of year 2016, a net increase of 3.24%.