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JPH records net income of $0.16 million in H1 2014

2014-08-17

According to Jerusalem Pharmaceuticals Company JPH’s data for the first six months of the year, net profit after taxes reached 164,779 USD, compared with a net profit after taxes of 879,087 USD from the first six months of 2013, a net decrease of 81.3%. Total assets of the company reached 54,148,001 USD as of June 30^th, 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 17,040,500 USD as of June 30^th, 2014, compared to total liabilities of 16,250,815 USD as of December 31^st, 2013, a net increase of 4.9%. Net ownership equity of the company reached 37,107,501 USD (including 490,813 USD in Non-controlling interest) as of June 30^th, 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 1.5% in the last six months.