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ELECTRODE realizes net loss of JD0.004 million in Q1 2020

2020-05-18

According to  the financial statements  of Al-Shark Electrode Company ELECTRODE for the 1st Quarter of 2020, Net Loss after tax of the period reached (4,478) JD Compared with Net profit after tax 8,767 JD for 2019.Total assets of the company reached 3,268,571 JD compared with total assets of 3,298,298 JD at the end of year 2019, a net decrease of 0.90%.Total liabilities of the company reached 421,169 JD compared with total liabilities of 436,934 JD at the end of year 2019, a net decrease of 3.60%. Net ownership equity of the company reached 2,847,402 JD compared with total owner equity of 2,861,364 JD at the end of year 2019, a net decrease of 0.49%.