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APC posts net income of JD1.01 million in FY2021

2022-02-06

According to the financial statements of the Arab Company for Paints Products APC for the year 2021, Net profit after tax of the period reached 1,005,782 JD Compared with Net profit after tax 863,305 JD for 2020, a net increase in profit of 16.50%.Total assets of the company reached 7,763,424 JD compared with total assets of 7,385,111 JD at the end of year 2020, a net increase of 5.12%.Total liabilities of the company reached 2,049,838 JD compared with total liabilities of 2,255,581 JD at the end of year 2020, a net decrease of 9.12%. Net ownership equity of the company reached 5,713,586 JD compared with total owner equity of 5,129,530 JD at the end of year 2020, a net increase of 11.39%.