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ARAB records net income of JD0.04 million in Q1 2019

2019-04-25

According to financial statements of the Arab Investors Company ARAB for 1st Quarter of 2019, Net profit after tax of the period reached 41,148 JD Compared with Net profit after tax 35,274 JD for 2018, a net increase in profit of 16.65%.Total assets of the company reached 10,495,784 JD compared with total assets of 10,605,873 JD at the end of year 2018, a net decrease of 1.04%.Total liabilities of the company reached 160,643 JD compared with total liabilities of 187,992 JD at the end of year 2018, a net decrease of 14.54%. Net ownership equity of the company reached 10,335,141 JD compared with total owner equity of 10,417,881 JD at the end of year 2018, a net decrease of 0.79%.