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ARAB posts net income of JD0.03 million in H1 2019

2019-08-04

According to the financial statements of the Arab Investors Company ARAB for the first half of 2019, Net profit after tax of the period reached 31,561 JD Compared with Net profit after tax 31,529 JD for 2018, a net increase in profit of 0.10%.Total assets of the company reached 10,437,939 JD compared with total assets of 10,605,873 JD at the end of year 2018, a net decrease of 1.58%.Total liabilities of the company reached 144,283 JD compared with total liabilities of 187,992 JD at the end of year 2018, a net decrease of 23.25%. Net ownership equity of the company reached 10,293,656 JD compared with total owner equity of 10,417,881 JD at the end of year 2018, a net decrease of 1.19%.