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APC posts net income of JD0.49 million in H1 2021

2021-08-10

According to the financial statements of the Arab Company for Paints Products APC for the first half of 2021, Net profit after tax of the period reached 487,863 JD Compared with Net profit after tax 242,487 JD for 2020, a net increase in profit of 101.19%.Total assets of the company reached 7,292,593 JD compared with total assets of 7,385,111 JD at the end of year 2020, a net decrease of 1.25%.Total liabilities of the company reached 2,290,140 JD compared with total liabilities of 2,255,581 JD at the end of year 2020, a net increase of 1.53%. Net ownership equity of the company reached 5,002,453 JD compared with total owner equity of 5,129,530 JD at the end of year 2020, a net decrease of 2.48%.