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ABRAJ records net income of $0.27 million in Q1 2018


According to the financial statements of Al Wataniah Towers ABRAJ for the first quarter of 2018, Net profit after tax of the period reached 269,836 USD Compared with Net profit after tax 142,526 USD for 2017, a net increase in profit of 89.32%.Total assets of the company reached 22,693,954 USD compared with total assets of 22,343,593 USD at the end of year 2017, a net increase of 1.57%.Total liabilities of the company reached 921,118 USD compared with total liabilities of 841,373 USD at the end of year 2017, a net increase of 9.47%. Net ownership equity of the company reached 21,772,836 USD compared with total owner equity of 21,502,220 USD at the end of year 2017, a net increase of 1.26%.



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