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JCC achieves net income of JD1.47 million in 9M 2013

2013-11-03

According to Jerusalem Cigarette Company ( JCC)’s consolidated data for the first nine months of the year, net profit after taxes reached 1,466,578 JOD. JCC discloses for the first time a consolidated financials for the third quarter. Total assets of the company reached 44,127,662 JOD as of September 30^th, 2013, compared to total assets of 43,752,101 JOD as of December 31^st, 2012, a net increase of 0.9%. Total liabilities of the company reached 22,934,806 JOD as of September 30^th, 2013, compared to total liabilities of 22,971,306 JOD as of December 31^st, 2012, a net decrease of 0.2%. Net ownership equity of the company reached 21,192,856 JOD (including 2,390,600 JOD Non-controlling interest) as of September 30^th, 2013, compared with a net ownership equity of 20,780,795 JOD (including 2,030,977 JOD Non-controlling interest) as of December 31^st, 2012, a net increase of 2.0% in the first nine months.