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ARAB records net income of JD0.03 million in the first half of 2018

2018-08-13

According to the financial statements of Arab Investors ARAB for the first half of 2018, Net profit after tax of the period reached 31,529 JD Compared with Net profit after tax 47,435 JD for 2017, a net decrease in profit of 33.53%.Total assets of the company reached 10,489,438 JD compared with total assets of 10,621,820 JD at the end of year 2017, a net decrease of 1.25%.Total liabilities of the company reached 164,625 JD compared with total liabilities of 202,380 JD at the end of year 2017, a net decrease of 18.65%. Net ownership equity of the company reached 10,324,813 JD compared with total owner equity of 10,419,440 JD at the end of year 2017, a net decrease of 0.91%.