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PALAQAR realizes net loss of JD0.04 million in 9M 2014

2014-10-30

According to PALAQAR for Real Estate Development & Management Company PALAQAR’s consolidated data for the first nine months of the year, net loss reached (37,035) JOD, compared with a net profit after taxes of 4,048 JOD from the first nine months of 2013. Total assets of the company reached 3,311,872 JOD as of September 30^th, 2014, compared to total assets of 3,237,786 JOD as of December 31^st, 2013, a net increase of 2.3%. Total liabilities of the company reached 1,332,522 JOD as of September 30^th, 2014, compared to total liabilities of 1,221,401 JOD as of December 31^st, 2013, a net increase of 9.1%. Net ownership equity of the company reached 1,979,350 JOD as of September 30^th, 2014, compared with a net ownership equity of 2,016,385 JOD  as of December 31^st, 2013, a net decrease of 1.8% in the first nine months.