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ABRAJ posts net income of $0.16 million in H1 2023

2023-08-14

According to the financial statements of Al-Wataniah Towers Company ABRAJ  for the first half of 2023, Net profit after tax of the period reached 161,109 USD Compared with Net profit after tax 521,596 USD for 2022, a net decrease in profit of 69.11%.Total assets of the company reached 27,952,182 USD compared with total assets of 30,352,040 USD at the end of year 2022, a net decrease of 7.91%.Total liabilities of the company reached 2,675,879 USD compared with total liabilities of 2,617,999 USD at the end of year 2022, a net increase of 2.21%. Net ownership equity of the company reached 25,276,303 USD compared with total owner equity of 27,734,041 USD at the end of year 2022, a net decrease of 8.86%.