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ABRAJ reports net income of $0.54 million in 9M 2018

2018-11-04

According to the financial statements of Al Wataniah Towers ABRAJ for the first nine months of 2018, Net profit after tax of the period reached 541,043 USD Compared with Net profit after tax 389,480 USD for 2017, a net increase in profit of 38.91%.Total assets of the company reached 22,874,756 USD compared with total assets of 22,343,593 USD at the end of year 2017, a net increase of 2.38%.Total liabilities of the company reached 857,846 USD compared with total liabilities of 841,373 USD at the end of year 2017, a net increase of 1.95%. Net ownership equity of the company reached 22,016,910 USD compared with total owner equity of 21,502,220 USD at the end of year 2017, a net increase of 2.39%.