Arab Company for Paints Products Announces Earnings Results for the Three Months Ended March 31, 2018
Arab Company for Paints Products announced earnings results for the three months ended march 31, 2018. For the period, the company reported sales JOD 1,337,681 compared to JOD 1,351,650 a year ago. Net Income before tax was JOD 181,458 compared to JOD 354,504 a year ago. Net Income after tax was JOD 167,849 compared to JOD 327,916 a year ago. Net Cash Flow from Operating activities was JOD 342,514 compared to JOD 198,580 a year ago. Purchase of Property, Plant and Equipment was JOD 1,494 compared to JOD 17,054 a year ago.