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ELECTRODE records net income of JD0.10 million in 9M 2018

2018-11-04

According to the financial statements of Al Shark Electrode ELECTRODE for the first nine months of 2018, Net profit after tax of the period reached 101,957 JD Compared with Net profit after tax 51,717 JD for 2017, a net increase in profit of 97.14%.Total assets of the company reached 3,397,781 JD compared with total assets of 3,285,500 JD at the end of year 2017, a net increase of 3.42%.Total liabilities of the company reached 410,763 JD compared with total liabilities of 311,197 JD at the end of year 2017, a net increase of 31.99%. Net ownership equity of the company reached 2,987,018 JD compared with total owner equity of 2,974,303 JD at the end of year 2017, a net increase of 0.43%.