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ELECTRODE posts net income of JD0.09 million at the end of 2018

2019-02-12

According to the financial statements of Al Shark Electrode ELECTRODE for the year 2018, Net profit after tax of the period reached 94,572 JD Compared with Net profit after tax 66,442 JD for 2017, a net increase in profit of 42.34%.Total assets of the company reached 3,271,410 JD compared with total assets of 3,285,500 JD at the end of year 2017, a net decrease of 0.43%.Total liabilities of the company reached 298,847 JD compared with total liabilities of 311,197 JD at the end of year 2017, a net decrease of 3.96%. Net ownership equity of the company reached 2,972,563 JD compared with total owner equity of 2,974,303 JD at the end of year 2017, a net decrease of 0.06%.