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AQARIYA posts net income of $0.55 million in H1 2023

2023-08-14

According to the financial statements of Al-Aqariya Trading Investment Company AQARIYA for the first half of 2023, Net profit after tax of the period reached 547,839 USD Compared with Net profit after tax 87,636 USD for 2022, a net increase in profit of 525.13%.Total assets of the company reached 20,295,494 USD compared with total assets of 18,021,753 USD at the end of year 2022, a net increase of 12.62%.Total liabilities of the company reached 9,021,768 USD compared with total liabilities of 7,293,243 USD at the end of year 2022, a net increase of 23.70%. Net ownership equity of the company reached 11,273,726 USD compared with total owner equity of 10,728,510 USD at the end of year 2022, a net increase of 5.08%.Noting that paid-in capital increased from 7,757,405 USD in year 2022 to 8,000,000 USD of this year,a net increase of 3.13%.