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APC reports net income of JD1.20 million at the end of 2017

2018-02-19

According to the financial statements of Arab Company for Paints Products APC for the year 2017, Net profit after tax of the period reached 1,202,581 JD Compared with Net profit after tax 1,204,812 JD for 2016, a net decrease in profit of 0.19%.Total assets of the company reached 6,398,498 JD compared with total assets of 5,618,267 JD at the end of year 2016, a net increase of 13.89%.Total liabilities of the company reached 1,862,796 JD compared with total liabilities of 1,837,076 JD at the end of year 2016, a net increase of 1.40%. Net ownership equity of the company reached 4,535,702 JD compared with total owner equity of 3,781,191 JD at the end of year 2016, a net increase of 19.95%.