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PALAQAR achieves net income of JD0.004 million in 9M 2013

2013-10-29

According to PALAQAR for Real Estate Development & Management Company (PALAQAR)’s data for the first nine months of the year, net profit after taxes reached 4,048 JOD, compared with a net profit after taxes of 26,064 JOD from the first nine months of 2012, a net decrease of 84.5%. Total assets of the company reached 3,478,403 JOD as of September 30^th, 2013, compared to total assets of 3,625,630 JOD as of December 31^st, 2012, a net decrease of 4.1%. Total liabilities of the company reached 1,313,098 JOD as of September 30^th, 2013, compared to total liabilities of 1,450,197 JOD as of December 31^st, 2012, a net decrease of 9.5%. Net ownership equity of the company reached 2,165,305 JOD as of September 30^th, 2013, compared with a net ownership equity of 2,175,433 JOD as of December 31^st, 2012, a net decrease of 0.5% in the first nine months.