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APC posts net income of JD0.20 million in H1 2023

2023-08-10

According to the financial statements of the Arab Company for Paints Products APC for the first half of 2023, Net profit after tax of the period reached 199,576 JD Compared with Net profit after tax 387,931 JD for 2022, a net decrease in profit of 48.55%.Total assets of the company reached 7,005,561 JD compared with total assets of 6,979,112 JD at the end of year 2022, a net increase of 0.38%.Total liabilities of the company reached 2,277,520 JD compared with total liabilities of 2,021,344 JD at the end of year 2022, a net increase of 12.67%. Net ownership equity of the company reached 4,728,041 JD compared with total owner equity of 4,957,768 JD at the end of year 2022, a net decrease of 4.63%.