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ARAB reports net income of JD0.02 million in Q1 2022

2022-05-15

According to the financial statements of the Arab Investors Company ARAB for the 1st Quarter of 2022, Net profit after tax of the period reached 21,165 JD Compared with Net profit after tax 11,392 JD for 2021, a net increase in profit of 85.79%.Total assets of the company reached 13,307,641 JD compared with total assets of 13,181,320 JD at the end of year 2021, a net increase of 0.96%.Total liabilities of the company reached 184,784 JD compared with total liabilities of 201,936 JD at the end of year 2021, a net decrease of 8.49%. Net ownership equity of the company reached 13,122,857 JD compared with total owner equity of 12,979,384 JD at the end of year 2021, a net increase of 1.11%.