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ARAB posts net income of JD0.54 million in 2020

2021-02-16

According to the financial statements of Arab Investors Company ARAB for the year 2020, Net profit after tax of the period reached 540,714 JD Compared with Net profit after tax 62,657 JD for 2019, a net increase in profit of 762.97%.Total assets of the company reached 11,172,222 JD compared with total assets of 10,634,956 JD at the end of year 2019, a net increase of 5.05%.Total liabilities of the company reached 113,334 JD compared with total liabilities of 129,275 JD at the end of year 2019, a net decrease of 12.33%. Net ownership equity of the company reached 11,058,888 JD compared with total owner equity of 10,505,681 JD at the end of year 2019, a net increase of 5.27%.