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ABRAJ records net income of $1.17 million at the end of 2018

2019-02-17

According to the financial statements of Al Wataniah Towers ABRAJ for the year 2018, Net profit after tax of the period reached 1,168,566 USD Compared with Net profit after tax 2,255,491 USD for 2017, a net decrease in profit of 48.19%.Total assets of the company reached 23,500,317 USD compared with total assets of 22,343,593 USD at the end of year 2017, a net increase of 5.18%.Total liabilities of the company reached 838,776 USD compared with total liabilities of 841,373 USD at the end of year 2017, a net decrease of 0.30%. Net ownership equity of the company reached 22,661,541 USD compared with total owner equity of 21,502,220 USD at the end of year 2017, a net increase of 5.39%.