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ARAB records net income of JD0.04 million in 9M 2018

2018-11-04

According to the financial statements of the Arab Investors ARAB for the first nine months of 2018, Net profit after tax of the period reached 43,623 JD Compared with Net profit after tax 53,121 JD for 2017, a net decrease in profit of 17.88%.Total assets of the company reached 10,455,810 JD compared with total assets of 10,621,820 JD at the end of year 2017, a net decrease of 1.56%.Total liabilities of the company reached 164,767 JD compared with total liabilities of 202,380 JD at the end of year 2017, a net decrease of 18.58%. Net ownership equity of the company reached 10,291,043 JD compared with total owner equity of 10,419,440 JD at the end of year 2017, a net decrease of 1.23%.