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NAPCO posts net income of JD0.45 million at the end of 2019

2020-01-30

According to the financial statements of the National Aluminum and Profile Company NAPCO for the year 2019, Net profit after tax of the period reached 446,625 JD Compared with Net profit after tax 570,189 JD for 2018, a net decrease in profit of 21.67%.Total assets of the company reached 31,175,638 JD compared with total assets of 27,042,799 JD at the end of year 2018, a net increase of 15.28%.Total liabilities of the company reached 18,880,901 JD compared with total liabilities of 15,194,688 JD at the end of year 2018, a net increase of 24.25%. Net ownership equity of the company reached 12,294,737 JD compared with total owner equity of 11,848,111 JD at the end of year 2018, a net increase of 3.77%.Noting that paid-in capital increased from 6,900,000 JD in year 2018 to 7,314,000 JD of this year,a net increase of 6.00%.