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JCC realizes net loss of JD1.47 million in 9M 2014

2014-11-02

According to Jerusalem Cigarette Company JCC’s consolidated data for the first nine months of the year, net loss reached (1,469,261) JOD, compared with a net profit after taxes of 1,466,578 JOD from the first nine months of 2013. Total assets of the company reached 44,702,910 JOD as of September 30^th, 2014, compared to total assets of 45,223,672 JOD as of December 31^st, 2013, a net decrease of 1.2%. Total liabilities of the company reached 26,262,531 JOD as of September 30^th, 2014, compared to total liabilities of 25,227,631 JOD as of December 31^st, 2013, a net increase of 4.1%. Net ownership equity of the company reached 18,440,379 JOD (including 2,385,362 JOD Non-controlling interest) as of September 30^th, 2014, compared with a net ownership equity of 19,996,041 JOD (including 2,056,336 JOD Non-controlling interest) as of December 31^st, 2013, a net decrease of 7.8% in the first nine months.