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ABRAJ posts net income of $1.02 million in 2023

2024-03-17

According to the financial statements of Al-Wataniah Towers Company ABRAJ for the year 2023, Net profit after tax of the period reached 1,016,350 USD Compared with Net profit after tax 2,081,185 USD for 2022, a net decrease in profit of 51.16%.Total assets of the company reached 28,830,849 USD compared with total assets of 30,352,040 USD at the end of year 2022, a net decrease of 5.01%.Total liabilities of the company reached 2,675,494 USD compared with total liabilities of 2,617,999 USD at the end of year 2022, a net increase of 2.19%. Net ownership equity of the company reached 26,155,355 USD compared with total owner equity of 27,734,041 USD at the end of year 2022, a net decrease of 5.69%.