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APC posts net income of JD0.44 million in 9M 2018

2018-10-28

According to the financial statements of Arab Company For Paints Products APC for the first nine months of 2018, Net profit after tax of the period reached 445,657 JD Compared with Net profit after tax 995,631 JD for 2017, a net decrease in profit of 55.24%.Total assets of the company reached 6,064,413 JD compared with total assets of 6,398,498 JD at the end of year 2017, a net decrease of 5.22%.Total liabilities of the company reached 1,892,290 JD compared with total liabilities of 1,862,796 JD at the end of year 2017, a net increase of 1.58%. Net ownership equity of the company reached 4,172,123 JD compared with total owner equity of 4,535,702 JD at the end of year 2017, a net decrease of 8.02%.