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AQARIYA posts net income of $2.39 million in Q1 2023

2023-05-17

According to the financial statements of Al-Aqariya Trading Investment Company AQARIYA for the 1st Quarter of 2023, Net profit after tax of the period reached 2,388,747 USD Compared with Net profit after tax 162,820 USD for 2022, a net increase in profit of 1367.11%.Total assets of the company reached 20,497,613 USD compared with total assets of 18,021,753 USD at the end of year 2022, a net increase of 13.74%.Total liabilities of the company reached 9,459,799 USD compared with total liabilities of 7,293,243 USD at the end of year 2022, a net increase of 29.70%. Net ownership equity of the company reached 11,037,814 USD compared with total owner equity of 10,728,510 USD at the end of year 2022, a net increase of 2.88%.