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WASSEL posts net income of JD0.09 million in 2013

2014-02-17

According to Palestinian Distribution & Logistics Services data for year-end preliminary financial statements for year 2013, net profit after taxes reached 89,010 JOD, compared with a net loss of (396,793) JOD in the audited data for 2012. Total assets of the company reached 12,832,214 JOD as of December 31st, 2013, compared to total assets of 13,247,858 JOD as of December 31st, 2012, a net decrease of 3.1%. Total liabilities of the company reached 7,273,060 JOD as of December 31st, 2013, compared to total liabilities of 7,777,714   JOD as of December 31st, 2012, a net decrease of 6.5%. Net ownership equity of the company reached 5,559,154 JOD (including 1,242,305 JOD in Non-controlling interest) as of December 31st, 2013, compared with a net ownership equity of 5,470,144 JOD (including 1,305,876 JOD in Non-controlling interest) as of December 31st, 2012, a net increase of 1.6%.

 


 

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