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APC posts net income of JD0.67 million in 9M 2019

2019-10-15

According to financial statements of the Arab Company for Paints Products APC for the first nine months of 2019, Net profit after tax of the period reached 665,402 JD Compared with Net profit after tax 445,657 JD for 2018, a net increase in profit of 49.31%.Total assets of the company reached 6,743,168 JD compared with total assets of 5,763,942 JD at the end of year 2018, a net increase of 16.99%.Total liabilities of the company reached 2,319,388 JD compared with total liabilities of 1,648,284 JD at the end of year 2018, a net increase of 40.71%. Net ownership equity of the company reached 4,423,780 JD compared with total owner equity of 4,115,658 JD at the end of year 2018, a net increase of 7.49%.