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ARAB records net income of JD0.16 million in 9M 2022

2022-11-13

According to the financial statements of the Arab Investors Company ARAB for the first nine months of 2022, Net profit after tax of the period reached 163,807 JD Compared with Net profit after tax 20,693 JD for 2021, a net increase in profit of 691.61%.Total assets of the company reached 12,750,501 JD compared with total assets of 13,181,320 JD at the end of year 2021, a net decrease of 3.27%.Total liabilities of the company reached 148,244 JD compared with total liabilities of 201,936 JD at the end of year 2021, a net decrease of 26.58%. Net ownership equity of the company reached 12,602,257 JD compared with total owner equity of 12,979,384 JD at the end of year 2021, a net decrease of 2.91%.