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APC posts net income of JD0.42 million in H1 2019

2019-08-07

According to the financial statements of the Arab Company for Paints Products APC for the first half of 2019, Net profit after tax of the period reached 419,040 JD Compared with Net profit after tax 292,825 JD for 2018, a net increase in profit of 43.10%.Total assets of the company reached 6,318,113 JD compared with total assets of 5,763,942 JD at the end of year 2018, a net increase of 9.61%.Total liabilities of the company reached 2,172,889 JD compared with total liabilities of 1,648,284 JD at the end of year 2018, a net increase of 31.82%. Net ownership equity of the company reached 4,145,224 JD compared with total owner equity of 4,115,658 JD at the end of year 2018, a net increase of 0.72%.