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ELECTRODE posts net income JD0.07 million at the year of 2017

2018-02-13

According to the financial statements of Al-Shark Electrode ELECTRODE for the year 2017, Net profit after tax of the period reached 66,608 JD Compared with Net profit after tax 93,737 JD for 2016, a net decrease in profit of 28.94%.Total assets of the company reached 3,285,701 JD compared with total assets of 3,316,275 JD at the end of year 2016, a net decrease of 0.92%.Total liabilities of the company reached 311,226 JD compared with total liabilities of 332,360 JD at the end of year 2016, a net decrease of 6.35%. Net ownership equity of the company reached 2,974,475 JD compared with total owner equity of 2,983,915 JD at the end of year 2016, a net decrease of 0.32%.