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APC reports net income of JD0.47 million in H1 2015

2015-08-11

According to the Arab Company for Paints Products APC’s financial statements for first half of 2015, Net profit after tax of the period reached 467,834 JD Compared with Net profit after tax 492,805 JD for 2014, a net decrease in profit of 5.07%.Total assets of the company reached 4,725,380 JD compared with total assets of 4,218,180 JD at the end of year 2014, a net increase of 12.02%.Total liabilities of the company reached 1,905,885 JD compared with total liabilities of 1,312,200 JD at the end of year 2014, a net increase of 45.24%. Net ownership equity of the company reached 2,819,495 JD compared with total owner equity of 2,905,980 JD at the end of year 2014, a net decrease of 2.98%.