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PALAQAR reports net income of JD0.02 million in H1 2014

2014-08-27

According to PalAqar for Real Estate Development & Management Company PALAQAR’s data for the first six months of the year, net profit after taxes reached 19,019 JOD, compared with a net profit after taxes of 10,030 JOD from the first six months of 2013, a net increase of 89.6%. Total assets of the company reached 3,405,351 JOD as of June 30^th, 2014, compared to total assets of 3,237,786 JOD as of December 31^st, 2013, a net increase of 5.2%. Total liabilities of the company reached 1,369,947 JOD as of June 30^th, 2014, compared to total liabilities of 1,221,401 JOD as of December 31^st, 2013, a net increase of 12.2%. Net ownership equity of the company reached 2,035,404 JOD as of June 30^th, 2014, compared with a net ownership equity of 2,016,385 JOD as of December 31^st, 2013, a net increase of 0.9% in the last six months.