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APC records net income of JD0.20 million in Q1 2021

2021-05-16

According to the financial statements of the Arab Company for Paints Products APC for the 1st Quarter of 2021, Net profit after tax of the period reached 200,200 JD Compared with Net Loss after tax (3,132) JD for 2020.Total assets of the company reached 6,891,057 JD compared with total assets of 7,385,111 JD at the end of year 2020, a net decrease of 6.69%.Total liabilities of the company reached 2,281,216 JD compared with total liabilities of 2,255,581 JD at the end of year 2020, a net increase of 1.13%. Net ownership equity of the company reached 4,609,841 JD compared with total owner equity of 5,129,530 JD at the end of year 2020, a net decrease of 10.13%.