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AQARIYA posts net income of JD0.22 million at the end of 2016

2017-02-15

According to the financial statements of Al-Aqariya Trading Investment Company AQARIYA for year 2016, Net profit after tax of the period reached 225,798 JD Compared with Net profit after tax 14,926 JD for 2015, a net increase in profit of 1412.78%.Total assets of the company reached 6,135,346 JD compared with total assets of 4,416,297 JD at the end of year 2015, a net increase of 38.93%.Total liabilities of the company reached 1,251,417 JD compared with total liabilities of 842,608 JD at the end of year 2015, a net increase of 48.51%. Net ownership equity of the company reached 4,883,929 JD compared with total owner equity of 3,573,689 JD at the end of year 2015, a net increase of 36.66%.Noting that paid-in capital increased from 4,409,558 JD in year 2015 to 5,500,000 JD of this year,a net increase of 24.73%.