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NAPCO posts net income of JD0.86 million at the end of 2021

2022-02-13

According to the financial statements of the National Aluminum and Profile Company NAPCO for the year 2021, Net profit after tax of the period reached 862,278 JD Compared with Net profit after tax 7,455 JD for 2020, a net increase in profit of 11466.44%.Total assets of the company reached 35,412,739 JD compared with total assets of 33,492,779 JD at the end of year 2020, a net increase of 5.73%.Total liabilities of the company reached 19,266,096 JD compared with total liabilities of 21,208,414 JD at the end of year 2020, a net decrease of 9.15%. Net ownership equity of the company reached 16,146,643 JD compared with total owner equity of 12,284,365 JD at the end of year 2020, a net increase of 31.44%.Noting that paid-in capital increased from 7,314,000 JD in year 2020 to 11,000,000 JD of this year,a net increase of 50.40%.