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

2018-08-13

According to the financial statements of Al Shark Electrode ELECTRODE for the first half of 2018, Net profit after tax of the period reached 34,401 JD Compared with Net profit after tax 30,114 JD for 2017, a net increase in profit of 14.24%.Total assets of the company reached 3,266,439 JD compared with total assets of 3,285,500 JD at the end of year 2017, a net decrease of 0.58%.Total liabilities of the company reached 330,746 JD compared with total liabilities of 311,197 JD at the end of year 2017, a net increase of 6.28%. Net ownership equity of the company reached 2,935,693 JD compared with total owner equity of 2,974,303 JD at the end of year 2017, a net decrease of 1.30%.