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ABRAJ posts net income of $2.08 million in 2022

2023-02-14

According to the financial statements of Al-Wataniah Towers Company ABRAJ for the year 2022, Net profit after tax of the period reached 2,081,185 USD Compared with Net profit after tax 1,188,921 USD for 2021, a net increase in profit of 75.05%.Total assets of the company reached 30,352,040 USD compared with total assets of 28,061,862 USD at the end of year 2021, a net increase of 8.16%.Total liabilities of the company reached 2,617,999 USD compared with total liabilities of 2,309,781 USD at the end of year 2021, a net increase of 13.34%. Net ownership equity of the company reached 27,734,041 USD compared with total owner equity of 25,752,081 USD at the end of year 2021, a net increase of 7.70%.