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AB RAJ reports net income of $0.16 million in Q1 2019


According to financial statements of Al-Wataniah Towers Company ABRAJ for the 1st Quarter of 2019, Net profit after tax of the period reached 160,496 USD Compared with Net profit after tax 269,836 USD for 2018, a net decrease in profit of 40.52%.Total assets of the company reached 23,526,740 USD compared with total assets of 23,500,312 USD at the end of year 2018, a net increase of 0.11%.Total liabilities of the company reached 704,703 USD compared with total liabilities of 838,771 USD at the end of year 2018, a net decrease of 15.98%. Net ownership equity of the company reached 22,822,037 USD compared with total owner equity of 22,661,541 USD at the end of year 2018, a net increase of 0.71%.



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