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APC records net income of JD0.85 million at the end of 2019

2020-02-03

According to the financial statements of the Arab Company for Paints Products APC for the year 2019, net profit after tax of the period reached 849,284 JD Compared with Net profit after tax 501,533 JD for 2018, a net increase in profit of 69.34%.Total assets of the company reached 6,696,075 JD compared with total assets of 5,763,942 JD at the end of year 2018, a net increase of 16.17%.Total liabilities of the company reached 2,000,011 JD compared with total liabilities of 1,648,284 JD at the end of year 2018, a net increase of 21.33%. Net ownership equity of the company reached 4,696,064 JD compared with total owner equity of 4,115,658 JD at the end of year 2018, a net increase of 14.10%.