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ABRAJ posts net income of $0.08 million in Q1 2022

2022-05-15

According to the financial statements of Al-Wataniah Towers Company ABRAJ for the 1st Quarter of 2022, Net profit after tax of the period reached 77,169 USD Compared with Net profit after tax 150,686 USD for 2021, a net decrease in profit of 48.79%.Total assets of the company reached 27,952,330 USD compared with total assets of 28,061,862 USD at the end of year 2021, a net decrease of 0.39%.Total liabilities of the company reached 2,140,913 USD compared with total liabilities of 2,309,781 USD at the end of year 2021, a net decrease of 7.31%. Net ownership equity of the company reached 25,811,417 USD compared with total owner equity of 25,752,081 USD at the end of year 2021, a net increase of 0.23%.