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ABRAJ reports net income of $0.22 million in 9M 2017

2017-10-29

According to the financial statements of Al-Wataniah Towers ABRAJ for the first nine months of 2017, Net profit after tax of the period reached 221,821 USD Compared with Net profit after tax 161,547 USD for 2016, a net increase in profit of 37.31%.Total assets of the company reached 14,088,305 USD compared with total assets of 13,889,817 USD at the end of year 2016, a net increase of 1.43%.Total liabilities of the company reached 901,116 USD compared with total liabilities of 917,820 USD at the end of year 2016, a net decrease of 1.81%. Net ownership equity of the company reached 13,187,189 USD compared with total owner equity of 12,971,997 USD at the end of year 2016, a net increase of 1.66%.