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APC records net income of JD0.23 million in Q1 2014

2014-04-09

According to Arab Company for Paints Products  APC data for the first three months of the year, net profit after taxes reached 231,768 JOD, compared with a net profit after taxes of 193,776 JOD from the first three months of 2013, a net increase of 19.6%. Total assets of the company reached 4,113,362 JOD as of March 31^st, 2014, compared to total assets of 4,361,594 JOD as of December 31^st, 2013, a net decrease of 5.7%. Total liabilities of the company reached 1,515,440 JOD as of March 31^st, 2014, compared to total liabilities of 1,354,877 JOD as of December 31^st, 2013, a net increase of 11.9%. Net ownership equity of the company reached 2,597,822 JOD as of March 31^st, 2014, compared with a net ownership equity of 3,006,717 JOD as of December 31^st, 2013, a net decrease of 13.6% in the first three months.