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APC reports net income of JD0.99 million in 9M 2017

2017-10-25

According to the financial statements of Arab Company for Paints Products APC for the first nine months of 2017, Net profit after tax of the period reached 995,631 JD Compared with Net profit after tax 1,013,891 JD for 2016, a net decrease in profit of 1.80%.Total assets of the company reached 6,496,202 JD compared with total assets of 5,618,267 JD at the end of year 2016, a net increase of 15.63%.Total liabilities of the company reached 2,227,979 JD compared with total liabilities of 1,837,076 JD at the end of year 2016, a net increase of 21.27%. Net ownership equity of the company reached 4,268,223 JD compared with total owner equity of 3,781,191 JD at the end of year 2016, a net increase of 12.88%.