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ARAB records net income of JD0.03 million in Q1 2018

2018-04-30

According to the financial statements of Arab Inventors ARAB for the first quarter of 2018, Net profit after tax of the period reached 35,274 JD Compared with Net profit after tax 29,400 JD for 2017, a net increase in profit of 19.98%.Total assets of the company reached 10,574,581 JD compared with total assets of 10,621,820 JD at the end of year 2017, a net decrease of 0.44%.Total liabilities of the company reached 177,200 JD compared with total liabilities of 202,380 JD at the end of year 2017, a net decrease of 12.44%. Net ownership equity of the company reached 10,397,381 JD compared with total owner equity of 10,419,440 JD at the end of year 2017, a net decrease of 0.21%.