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ABRAJ posts net income of $1.19 million in 2021

2022-02-14

According to the financial statements of Al-Wataniah Towers Company ABRAJ for the year 2021, Net profit after tax of the period reached 1,188,921 USD Compared with Net profit after tax 1,277,524 USD for 2020, a net decrease in profit of 6.94%.Total assets of the company reached 28,061,862 USD compared with total assets of 26,566,418 USD at the end of year 2020, a net increase of 5.63%.Total liabilities of the company reached 2,309,781 USD compared with total liabilities of 2,068,360 USD at the end of year 2020, a net increase of 11.67%. Net ownership equity of the company reached 25,752,081 USD compared with total owner equity of 24,498,058 USD at the end of year 2020, a net increase of 5.12%.