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ARAB posts net income of JD0.02 million in 9M 2021

2021-10-24

According to financial statements of the Arab Investors Company ARAB for the first nine months of 2021, Net profit after tax of the period reached 20,693 JD Compared with Net profit after tax 55,652 JD for 2020, a net decrease in profit of 62.82%.Total assets of the company reached 13,340,427 JD compared with total assets of 11,172,224 JD at the end of year 2020, a net increase of 19.41%.Total liabilities of the company reached 212,954 JD compared with total liabilities of 218,361 JD at the end of year 2020, a net decrease of 2.47%. Net ownership equity of the company reached 13,127,473 JD compared with total owner equity of 10,953,863 JD at the end of year 2020, a net increase of 19.84%.