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ABRAJ posts net income of $0.38 million in 9M 2019

2019-11-06

According to the financial statements of Al-Wataniah Towers Company for the first nine months of 2019, Net profit after tax of the period reached 382,271 USD Compared with Net profit after tax 671,313 USD for 2018, a net decrease in profit of 43.06%.Total assets of the company reached 23,955,315 USD compared with total assets of 23,550,652 USD at the end of year 2018, a net increase of 1.72%.Total liabilities of the company reached 1,869,899 USD compared with total liabilities of 1,847,507 USD at the end of year 2018, a net increase of 1.21%. Net ownership equity of the company reached 22,085,416 USD compared with total owner equity of 21,703,145 USD at the end of year 2018, a net increase of 1.76%.