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APC reports net income of JD0.18 million in Q1 2019

2019-04-15

According to the financial statements of the Arab Company for Paints Products APC for 1st Quarter of 2019, Net profit after tax of the period reached 177,549 JD Compared with Net profit after tax 167,849 JD for 2018, a net increase in profit of 5.78%.Total assets of the company reached 5,945,195 JD compared with total assets of 5,763,942 JD at the end of year 2018, a net increase of 3.14%.Total liabilities of the company reached 2,053,329 JD compared with total liabilities of 1,648,284 JD at the end of year 2018, a net increase of 24.57%. Net ownership equity of the company reached 3,891,866 JD compared with total owner equity of 4,115,658 JD at the end of year 2018, a net decrease of 5.44%.