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ARAB posts net income of JD0.53 million in H1 2023

2023-08-10

According to the financial statements of the Arab Investors Company ARAB for the first half of 2023, Net profit after tax of the period reached 533,260 JD Compared with Net profit after tax 24,222 JD for 2022, a net increase in profit of 2101.55%.Total assets of the company reached 13,981,921 JD compared with total assets of 12,587,138 JD at the end of year 2022, a net increase of 11.08%.Total liabilities of the company reached 53,783 JD compared with total liabilities of 55,937 JD at the end of year 2022, a net decrease of 3.85%. Net ownership equity of the company reached 13,928,138 JD compared with total owner equity of 12,531,201 JD at the end of year 2022, a net increase of 11.15%.