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ARAB posts net income of JD0.05 million in 9M 2017

2017-10-23

According to the financial statements of the Arab Investors ARAB for the first nine months of 2017, Net profit after tax of the period reached 53,121 JD Compared with Net profit after tax 70,667 JD for 2016, a net decrease in profit of 24.83%.Total assets of the company reached 10,597,440 JD compared with total assets of 10,344,370 JD at the end of year 2016, a net increase of 2.45%.Total liabilities of the company reached 204,006 JD compared with total liabilities of 204,874 JD at the end of year 2016, a net decrease of 0.42%. Net ownership equity of the company reached 10,393,434 JD compared with total owner equity of 10,139,496 JD at the end of year 2016, a net increase of 2.50%.