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WASSEL achieves net income of JD0.03 million in 9M 2013

2013-11-03

According to The Palestinian Distribution & Logistics Services Company ( WASSEL)’s data for the first nine months of the year, net profit after taxes reached 27,310 JOD, compared with a net loss of (132,900) JOD from the first nine months of 2012. Total assets of the company reached 13,209,932 JOD as of September 30^th, 2013, compared to total assets of 13,247,858 JOD as of December 31^st, 2012, a net decrease of 0.3%. Total liabilities of the company reached 7,567,609 JOD as of September 30^th, 2013, compared to total liabilities of 7,632,845 JOD as of December 31^st, 2012, a net decrease of 0.9%. Net ownership equity of the company reached 5,642,323 JOD (including 1,266,172 JOD in Non-controlling interest) as of September 30^th, 2013, compared with net ownership equity of 5,615,013 JOD (including 1,308,442 JOD in Non-controlling interest) as of December 31^st, 2012, a net increase of 0.5% in the last nine months.