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JPH realizes net loss of $0.27 million in Q1 2014

2014-04-29

According to Jerusalem Pharmaceuticals Company JPH data for the first three months of the year, net loss reached (267,179) USD, compared with a net profit after taxes of 719,391 USD from the first three months of 2013. Total assets of the company reached 54,137,814 USD as of March 31^st, 2014, compared to total assets of 53,934,080 USD as of December 31^st, 2013, a net increase of 0.4%. Total liabilities of the company reached 16,889,583 USD as of March 31^st, 2014, compared to total liabilities of 16,250,816 USD as of December 31^st, 2013, a net increase of 3.9%. Net ownership equity of the company reached 37,248,231 USD (including 613,415 USD in Non-controlling interest) as of March 31^st, 2014, compared with a net ownership equity of 37,683,265 USD (including 705,854 USD in Non-controlling interest) as of December 31^st, 2013, a net decrease of 1.2% in the first three months.