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ABRAJ posts net income of $0.15 million in Q1 2021


According to the financial statements of Al-Wataniyah Towers Company ABRAJ for the 1st Quarter of 2021, Net profit after tax of the period reached 150,686 USD Compared with Net profit after tax 76,858 USD for 2020, a net increase in profit of 96.06%.Total assets of the company reached 26,695,638 USD compared with total assets of 26,566,418 USD at the end of year 2020, a net increase of 0.49%.Total liabilities of the company reached 2,073,438 USD compared with total liabilities of 2,068,360 USD at the end of year 2020, a net increase of 0.24%. Net ownership equity of the company reached 24,622,200 USD compared with total owner equity of 24,498,058 USD at the end of year 2020, a net increase of 0.51%.



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