send to a friend by email

WASSEL realizes net loss of JD0.23 million in H1 2014

2014-08-17

According to the  Palestinian Distribution & Logistics Services Company WASSEL’s data for the first six months of the year, net loss of (233,182) JOD, compared with a net profit after taxes of 11,676 JOD from the first six months of 2013. Total assets of the company reached 13,778,090 JOD as of June 30^th, 2014, compared to total assets of 12,613,897 JOD as of December 31^st, 2013, a net increase of 9.2%. Total liabilities of the company reached 9,275,303 JOD as of June 30^th, 2014, compared to total liabilities of 7,861,743 JOD as of December 31^st, 2013, a net increase of 18.0%. Net ownership equity of the company reached 4,502,787 JOD (including 944,849 JOD in Non-controlling interest) as of June 30^th, 2014, compared with a net ownership equity of 4,752,154 JOD (including 1,030,472 JOD in Non-controlling interest) as of December 31^st, 2013, a net decrease of 5.2% in the last six months.