Year-End Financial Statements of AL-WATANIAH TOWERS(ABRAJ) for the year 2016

According to financial statements for year 2016, Net profit after tax of the period reached 254,129 USD Compared with Net profit after tax 223,435 USD for 2015, a net increase in profit of 13.74%.Total assets of the company reached 13,889,817 USD compared with total assets of 13,713,922 USD at the end of year 2015, a net increase of 1.28%.Total liabilities of the company reached 917,822 USD compared with total liabilities of 1,024,463 USD at the end of year 2015, a net decrease of 10.40%. Net ownership equity of the company reached 12,971,995 USD compared with total owner equity of 12,689,459 USD at the end of year 2015, a net increase of 2.23%.

 

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