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ARAB posts net income of JD0.01 million in Q1 2021

2021-05-27

According to the financial statements of the Arab Investors Company ARAB for the 1st Quarter of 2021, Net profit after tax of the period reached 11,392 JD Compared with Net profit after tax 28,790 JD for 2020, a net decrease in profit of 60.43%.Total assets of the company reached 11,272,493 JD compared with total assets of 11,172,224 JD at the end of year 2020, a net increase of 0.90%.Total liabilities of the company reached 209,437 JD compared with total liabilities of 218,361 JD at the end of year 2020, a net decrease of 4.08%. Net ownership equity of the company reached 11,063,056 JD compared with total owner equity of 10,953,863 JD at the end of year 2020, a net increase of 1.00%.