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ELECTRODE realizes net loss of JD0.02 million in Q1 2021

2021-06-01

According to the financial statements of Al-shark Electrode Company ELECTRODE for the 1st Quarter of 2021, Net Loss after tax of the period reached (18,739) JD Compared with Net Loss after tax (4,478) JD for 2020, a net increase in loss of 318.47%.Total assets of the company reached 3,085,782 JD compared with total assets of 3,197,653 JD at the end of year 2020, a net decrease of 3.50%.Total liabilities of the company reached 322,488 JD compared with total liabilities of 414,388 JD at the end of year 2020, a net decrease of 22.17%. Net ownership equity of the company reached 2,763,294 JD compared with total owner equity of 2,783,265 JD at the end of year 2020, a net decrease of 0.72%.