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ARAB posts net income of JD0.04 million in H1 2024

2024-08-26

According to the financial statements of the Arab Investors Company ARAB for the first half of 2024, Net profit after tax of the period reached 37,469 JD Compared with Net profit after tax 533,260 JD for 2023, a net decrease in profit of 92.97%.Total assets of the company reached 13,393,100 JD compared with total assets of 13,821,656 JD at the end of year 2023, a net decrease of 3.10%.Total liabilities of the company reached 40,762 JD compared with total liabilities of 62,236 JD at the end of year 2023, a net decrease of 34.50%. Net ownership equity of the company reached 13,352,338 JD compared with total owner equity of 13,759,420 JD at the end of year 2023, a net decrease of 2.96%.