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ELECTRODE reports net income of JD0.03 million in Q1 2018

2018-04-30

According to financial statements of Al Shark Electrode ELECTRODE for 1st Quarter of 2018, Net profit after tax of the period reached 34,652 JD Compared with Net profit after tax 12,568 JD for 2017, a net increase in profit of 175.72%.Total assets of the company reached 3,340,477 JD compared with total assets of 3,285,500 JD at the end of year 2017, a net increase of 1.67%.Total liabilities of the company reached 343,446 JD compared with total liabilities of 311,197 JD at the end of year 2017, a net increase of 10.36%. Net ownership equity of the company reached 2,997,031 JD compared with total owner equity of 2,974,303 JD at the end of year 2017, a net increase of 0.76%.