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Al-Wataniah Towers Company (ABRAJ) earns a pretax income of $ 0.14 million in the first half of 2010

2010-08-15

Al-Wataniah Towers Company (ABRAJ) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a net income of $ 0.14 million compared to pretax income of $ 0.23 million in the first half of 2009. The company’s assets reached $ 11.53 million at the end 30/06/2010 after they reached $ 11.42 million on 31/12/2009. Total liabilities reached $ 0.36 million at the end of the first half of 2010 compared to $ 0.35 million as of 31/12/2009. Shareholders’ equity reached $ 11.16 million on 30/06/2010 after they reached $ 11.07 million at the end of 2009.