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NAPCO posts net income of JD0.34 million in 9M 2021

2021-10-27

According to  the financial statements of the National Aluminum and Profile Company NAPCO for the first nine months of 2021, Net profit after tax of the period reached 341,469 JD Compared with Net Loss after tax (439,725) JD for 2020.Total assets of the company reached 30,269,793 JD compared with total assets of 33,492,779 JD at the end of year 2020, a net decrease of 9.62%.Total liabilities of the company reached 17,643,958 JD compared with total liabilities of 21,208,414 JD at the end of year 2020, a net decrease of 16.80%. Net ownership equity of the company reached 12,625,835 JD compared with total owner equity of 12,284,365 JD at the end of year 2020, a net increase of 2.78%.Noting that paid-in capital increased from 7,314,000 JD in year 2020 to 8,000,000 JD of this year,a net increase of 9.38%.