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ELECTRODE reports net income of JD0.006 million in H1 2021

2021-08-15

According to the financial statements of Al-shark Electrode Company ELECTRODE for the first half of 2021, Net profit after tax of the period reached 6,290 JD Compared with Net Loss after tax (20,912) JD for 2020.Total assets of the company reached 3,148,189 JD compared with total assets of 3,197,653 JD at the end of year 2020, a net decrease of 1.55%.Total liabilities of the company reached 355,553 JD compared with total liabilities of 414,388 JD at the end of year 2020, a net decrease of 14.19%. Net ownership equity of the company reached 2,792,636 JD compared with total owner equity of 2,783,265 JD at the end of year 2020, a net increase of 0.34%.