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Jerusalem Cigarette Company earns a pretax income of JD0.24 million in Q1 2011

2011-04-24

Jerusalem Cigarette Company JCC disclosed its financial results for the first quarter of this year, where they indicated a pretax income of JD244,845 compared to a loss of $(5,604) in the first quarter of 2010. Total assets reached JD39,292,521 on 31/03/2011 compared to JD39,862,633 as of 31/12/2010. Total Liabilities amounted at JD25,451,984 on 31/03/2011 after they reached JD25,489,140 on 31/12/2010. Total shareholders’ equity settled at JD13,840,537 at the end of the first quarter of 2011 compared to JD14,373,493 at the end of 2010.