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APC records net income of JD0.29 million at the end of the first half of 2018

2018-08-12

According to the financial statements of Arab Company for Paints Products APC for the first half of 2018, Net profit after tax of the period reached 292,825 JD Compared with Net profit after tax 699,507 JD for 2017, a net decrease in profit of 58.14%.Total assets of the company reached 5,971,565 JD compared with total assets of 6,398,498 JD at the end of year 2017, a net decrease of 6.67%.Total liabilities of the company reached 2,075,150 JD compared with total liabilities of 1,862,796 JD at the end of year 2017, a net increase of 11.39%. Net ownership equity of the company reached 3,896,415 JD compared with total owner equity of 4,535,702 JD at the end of year 2017, a net decrease of 14.09%.