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ARAB reports net income of JD0.05 million for the year 2017

2018-02-06

According to the financial statements of Arab Investors ARAB for the year 2017, Net profit after tax of the period reached 50,375 JD Compared with Net profit after tax 57,150 JD for 2016, a net decrease in profit of 11.85%.Total assets of the company reached 10,621,809 JD compared with total assets of 10,344,370 JD at the end of year 2016, a net increase of 2.68%.Total liabilities of the company reached 208,269 JD compared with total liabilities of 204,874 JD at the end of year 2016, a net increase of 1.65%. Net ownership equity of the company reached 10,413,540 JD compared with total owner equity of 10,139,496 JD at the end of year 2016, a net increase of 2.70%.