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ELECTRODE records net income of JD0.007 million in 2019

2020-02-16

According to the financial statements of Al-Shark Electode ELECTRODE for the year 2019, Net profit after tax of the period reached 7,183 JD Compared with Net profit after tax 94,572 JD for 2018, a net decrease in profit of 92.40%.Total assets of the company reached 3,298,298 JD compared with total assets of 3,271,410 JD at the end of year 2018, a net increase of 0.82%.Total liabilities of the company reached 436,934 JD compared with total liabilities of 298,847 JD at the end of year 2018, a net increase of 46.20%. Net ownership equity of the company reached 2,861,364 JD compared with total owner equity of 2,972,563 JD at the end of year 2018, a net decrease of 3.74%.