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LADAEN realizes net loss of JD0.31 million in 9M 2014

2014-10-26

According to Palestine Plastic Industries Company LADAEN’s data for the first nine months of the year, net loss reached (311,224) JOD, compared with a net loss of (266,381) JOD from the first nine months of 2013, a net increase in loss of 16.8%. Total assets of the company reached 2,719,329 JOD as of September 30^th, 2014, compared to total assets of 3,136,236 JOD as of December 31^st, 2013, a net decrease of 13.3%. Total liabilities of the company reached 787,402 JOD as of September 30^th, 2014, compared to total liabilities of 893,092 JOD as of December 31^st, 2013, a net decrease of 11.8%. Net ownership equity of the company reached 1,931,927 JOD as of September 30^th, 2014, compared with a net ownership equity of 2,243,144 JOD as of December 31^st, 2013, a net decrease of 13.9% in the first nine months.