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PALAQAR realizes net loss of JD0.29 million at the end of 2014

2015-02-15

According to PALAQAR for Real Estate Development & Management Company PALAQAR’s data for year-end preliminary financial statements for year 2014, net loss reached (293,232) JOD, compared with a net loss of (159,048) JOD in the audited data for 2013, a net increase in loss of 84.4%. Total assets of the company reached 2,948,176 JOD as of December 31st , 2014, compared to total assets of 3,237,786 JOD as of December 31st, 2013, a net decrease of 8.9%. Total liabilities of the company reached 1,225,023 JOD as of December 31st , 2014, compared to total liabilities of 1,221,401 JOD as of December 31st, 2013, a net increase of 0.3%. Net ownership equity of the company reached 1,723,153 JOD as of December 31st , 2014, compared with a net ownership equity of 2,016,385 JOD as of December 31st , 2013, a net decrease of 14.5%.


 

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