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JCC realizes net loss of JD0.92 million in H1 2014

2014-08-17

According to Jerusalem Cigarette Company JCC’s data for the first six months of the year, net loss of (921,696) JOD, compared with a net profit after taxes of 1,188,381 JOD from the first six months of 2013. Total assets of the company reached 44,475,062 JOD as of June 30^th, 2014, compared to total assets of 45,223,672 JOD as of December 31^st, 2013, a net decrease of 1.7%. Total liabilities of the company reached 25,655,399 JOD as of June 30^th, 2014, compared to total liabilities of 25,227,631 JOD as of December 31^st, 2013, a net increase of 1.7%. Net ownership equity of the company reached 18,819,663 JOD (including 2,043,451 JOD in Non-controlling interest) as of June 30^th, 2014, compared with a net ownership equity of 19,996,041 JOD (including 2,056,336 JOD in Non-controlling interest) as of December 31^st, 2013, a net decrease of 5.9% in the last six months.