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ARAB records net income of JD0.04 million in 9M 2019

2019-10-27

According to the financial statements of the Arab Investors Company ARAB for the first nine months of 2019, Net profit after tax of the period reached 42,828 JD Compared with Net profit after tax 43,623 JD for 2018, a net decrease in profit of 1.82%.Total assets of the company reached 10,648,959 JD compared with total assets of 10,605,873 JD at the end of year 2018, a net increase of 0.41%.Total liabilities of the company reached 136,467 JD compared with total liabilities of 187,992 JD at the end of year 2018, a net decrease of 27.40%. Net ownership equity of the company reached 10,512,492 JD compared with total owner equity of 10,417,881 JD at the end of year 2018, a net increase of 0.91%.