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APC posts net income of JD0.57 million at the end of 2022

2023-02-09

According to the financial statements of the Arab Company for Paints Products APC for the year 2022, Net profit after tax of the period reached 568,025 JD Compared with Net profit after tax 1,005,572 JD for 2021, a net decrease in profit of 43.51%.Total assets of the company reached 6,958,358 JD compared with total assets of 7,763,471 JD at the end of year 2021, a net decrease of 10.37%.Total liabilities of the company reached 2,020,622 JD compared with total liabilities of 2,049,821 JD at the end of year 2021, a net decrease of 1.42%. Net ownership equity of the company reached 4,937,736 JD compared with total owner equity of 5,713,650 JD at the end of year 2021, a net decrease of 13.58%.