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ARAB posts net income of JD0.03 million in Q1 2024

2024-06-10

According to the financial statements of the Arab Investors Company for the1st Quarter of 2024, Net profit after tax of the period reached 27,410 JD Compared with Net profit after tax 28,921 JD for 2023, a net decrease in profit of 5.22%.Total assets of the company reached 13,390,075 JD compared with total assets of 13,821,656 JD at the end of year 2023, a net decrease of 3.12%.Total liabilities of the company reached 47,774 JD compared with total liabilities of 62,236 JD at the end of year 2023, a net decrease of 23.23%. Net ownership equity of the company reached 13,342,301 JD compared with total owner equity of 13,759,420 JD at the end of year 2023, a net decrease of 3.03%.