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ABRAJ records net income of $1.46 million at the end of 2019

2020-02-12

According to the financial statements of Al-Wataniah Towers Company ABRAJ for the year 2019, Net profit after tax of the period reached 1,461,776 USD Compared with Net profit after tax 1,382,339 USD for 2018, a net increase in profit of 5.75%.Total assets of the company reached 25,118,969 USD compared with total assets of 23,550,652 USD at the end of year 2018, a net increase of 6.66%.Total liabilities of the company reached 1,954,048 USD compared with total liabilities of 1,847,507 USD at the end of year 2018, a net increase of 5.76%. Net ownership equity of the company reached 23,164,921 USD compared with total owner equity of 21,703,145 USD at the end of year 2018, a net increase of 6.74%.