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APC posts net income of JD0.12 million in 2023

2024-02-20

According to financial statements of the Arab Company for Paints Products APC for the year 2023, Net profit after tax of the period reached 119,871 JD Compared with Net profit after tax 552,180 JD for 2022, a net decrease in profit of 78.29%.Total assets of the company reached 6,595,732 JD compared with total assets of 6,979,112 JD at the end of year 2022, a net decrease of 5.49%.Total liabilities of the company reached 1,892,643 JD compared with total liabilities of 2,021,344 JD at the end of year 2022, a net decrease of 6.36%. Net ownership equity of the company reached 4,703,089 JD compared with total owner equity of 4,957,768 JD at the end of year 2022, a net decrease of 5.14%.