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JCC realizes net loss of JD2.53 million at the end of 2014

2015-02-16

According to Jerusalem Cigarette Company JCC’s consolidated data for year-end preliminary financial statements for year 2014, net loss reached (2,529,991) JOD, compared with a net profit after tax of 610,867 JOD in the audited data for 2013. Total assets of the company reached 37,871,578 JOD as of December 31st, 2014, compared to total assets of 45,223,672 JOD as of December 31st, 2013, a net decrease of 16.3%. Total liabilities of the company reached 21,174,197 JOD as of December 31st, 2014, compared to total liabilities of 25,227,631 JOD as of December 31st, 2013, a net decrease of 16.1%. Net ownership equity of the company reached 16,697,381 JOD (including 1,866,671 JOD in Non-controlling interest) as of December 31st, 2014, compared with a net ownership equity of 19,996,041  JOD (including 2,056,336 JOD in Non-controlling interest) as of December 31st, 2013, a net decrease of 16.5%.


 

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