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APC posts net income of JD0.29 million in 9M 2023

2023-11-13

According to the financial statements of the Arab Company for Paints Products APC for the first nine months of 2023, Net profit after tax of the period reached 292,749 JD Compared with Net profit after tax 465,523 JD for 2022, a net decrease in profit of 37.11%.Total assets of the company reached 6,815,970 JD compared with total assets of 6,979,112 JD at the end of year 2022, a net decrease of 2.34%.Total liabilities of the company reached 2,069,761 JD compared with total liabilities of 2,021,344 JD at the end of year 2022, a net increase of 2.39%. Net ownership equity of the company reached 4,746,209 JD compared with total owner equity of 4,957,768 JD at the end of year 2022, a net decrease of 4.27%.