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ELECTRODE realizes net loss of JD0.04 million in 9M 2021

2021-11-01

According to the financial statements of Al-shark Electrode Company ELECTRODE for the first nine months of 2021, Net Loss after tax of the period reached (37,582) JD Compared with Net Loss after tax (19,749) JD for 2020, a net increase in loss of 90.30%.Total assets of the company reached 3,076,006 JD compared with total assets of 3,197,653 JD at the end of year 2020, a net decrease of 3.80%.Total liabilities of the company reached 327,013 JD compared with total liabilities of 414,388 JD at the end of year 2020, a net decrease of 21.08%. Net ownership equity of the company reached 2,748,993 JD compared with total owner equity of 2,783,265 JD at the end of year 2020, a net decrease of 1.23%.