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ABRAJ posts net income of $0.19 million in 9M 2023

2023-12-13

According to the financial statements of Al-Wataniah Towers Company ABRAJ for the first nine months of 2023, Net profit after tax of the period reached 190,544 USD Compared with Net profit after tax 615,558 USD for 2022, a net decrease in profit of 69.05%.Total assets of the company reached 27,879,373 USD compared with total assets of 30,352,040 USD at the end of year 2022, a net decrease of 8.15%.Total liabilities of the company reached 2,598,055 USD compared with total liabilities of 2,617,999 USD at the end of year 2022, a net decrease of 0.76%. Net ownership equity of the company reached 25,281,318 USD compared with total owner equity of 27,734,041 USD at the end of year 2022, a net decrease of 8.84%.