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ARAB posts net income of JD0.01 million in H1 2021

2021-08-10

According to the financial statements of the Arab Investors Company ARAB for the first half of 2021, Net profit after tax of the period reached 13,275 JD Compared with Net profit after tax 39,208 JD for 2020, a net decrease in profit of 66.14%.Total assets of the company reached 11,547,740 JD compared with total assets of 11,172,224 JD at the end of year 2020, a net increase of 3.36%.Total liabilities of the company reached 213,639 JD compared with total liabilities of 218,361 JD at the end of year 2020, a net decrease of 2.16%. Net ownership equity of the company reached 11,334,101 JD compared with total owner equity of 10,953,863 JD at the end of year 2020, a net increase of 3.47%.