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ABRAJ posts net income of $0.31 million in 9M 2021

2021-11-01

According to the financial statements of Al-Wataniya Towers Company ABRAJ for first nine months of 2021, Net profit after tax of the period reached 312,272 USD Compared with Net profit after tax 329,554 USD for 2020, a net decrease in profit of 5.24%.Total assets of the company reached 27,065,175 USD compared with total assets of 26,566,418 USD at the end of year 2020, a net increase of 1.88%.Total liabilities of the company reached 2,254,845 USD compared with total liabilities of 2,068,360 USD at the end of year 2020, a net increase of 9.01%. Net ownership equity of the company reached 24,810,330 USD compared with total owner equity of 24,498,058 USD at the end of year 2020, a net increase of 1.27%.