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ABRAJ posts net income of $0.39 million in H1 2018

2018-08-28

According to the financial statements of Al-Wataniah Towers ABRAJ for the first half of 2018, Net profit after tax of the period reached 391,960 USD Compared with Net profit after tax 295,369 USD for 2017, a net increase in profit of 32.70%.Total assets of the company reached 22,875,274 USD compared with total assets of 22,343,593 USD at the end of year 2017, a net increase of 2.38%.Total liabilities of the company reached 1,004,519 USD compared with total liabilities of 841,373 USD at the end of year 2017, a net increase of 19.39%. Net ownership equity of the company reached 21,870,755 USD compared with total owner equity of 21,502,220 USD at the end of year 2017, a net increase of 1.71%.