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ARAB posts net income of JD0.04 million in H1 2020

2020-08-06

According to financial statements of the Arab Investors ARAB for the first half of 2020, Net profit after tax of the period reached 39,208 JD Compared with Net profit after tax 31,561 JD for 2019, a net increase in profit of 24.23%.Total assets of the company reached 10,487,506 JD compared with total assets of 10,634,956 JD at the end of year 2019, a net decrease of 1.39%.Total liabilities of the company reached 112,175 JD compared with total liabilities of 129,275 JD at the end of year 2019, a net decrease of 13.22%. Net ownership equity of the company reached 10,375,331 JD compared with total owner equity of 10,505,681 JD at the end of year 2019, a net decrease of 1.24%.