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ABRAJ posts net income of $0.22 million in 2015

2016-02-15

According to the financial statements of Al-Wataniya Towers Company ABRAJ for the year 2015, Net profit after tax of the period reached 223,435 USD Compared with Net profit after tax 104,742 USD for 2014, a net increase in profit of 113.32%.Total assets of the company reached 13,713,922 USD compared with total assets of 13,050,322 USD at the end of year 2014, a net increase of 5.08%.Total liabilities of the company reached 1,024,463 USD compared with total liabilities of 596,735 USD at the end of year 2014, a net increase of 71.67%. Net ownership equity of the company reached 12,689,459 USD compared with total owner equity of 12,453,587 USD at the end of year 2014, a net increase of 1.89%.