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LADAEN realizes net loss of JD0.24 million in H1 2014

2014-08-12

According to Palestine Plastic Industries Company LADAEN’s data for the first six months of the year, net loss reached (245,206) JOD, compared with a net loss of (147,584) JOD from the first six months of 2013, a net increase in loss of 66.1%. Total assets of the company reached 2,893,724 JOD as of June 30th, 2014, compared to total assets of 3,136,236 JOD as of December 31st, 2013, a net decrease of 7.7%. Total liabilities of the company reached 895,786 JOD as of June 30th, 2014, compared to total liabilities of 893,092 JOD as of December 31st, 2013, a net increase of 0.3%. Net ownership equity of the company reached 1,997,938 JOD as of June 30th, 2014, compared with a net ownership equity of 2,243,144 JOD as of December 31st, 2013, a net decrease of 10.9% in the last six months.