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ABRAJ posted net income of $0.18 million in H1 2017

2017-08-15

According to the financial statements of AL-Wataniah Towers ABRAJ for the first half of 2017, Net profit after tax of the period reached 184,293 USD Compared with Net profit after tax 81,792 USD for 2016, a net increase in profit of 125.32%.Total assets of the company reached 14,205,485 USD compared with total assets of 13,889,817 USD at the end of year 2016, a net increase of 2.27%.Total liabilities of the company reached 1,068,134 USD compared with total liabilities of 917,820 USD at the end of year 2016, a net increase of 16.37%. Net ownership equity of the company reached 13,137,351 USD compared with total owner equity of 12,971,997 USD at the end of year 2016, a net increase of 1.27%.


 

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