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PLAZA realizes net loss of JD0.12 million in Q1 2015

2015-04-29

According to the Arab Palestinian Shopping Centers PALZA’s data for the first three months of the year, net loss reached (125,880) JOD, compared with a net loss of (16,350) JOD from the first three months of 2014, a net increase in loss of 669.9%. Total assets of the company reached 14,148,660 JOD as of March 31^st, 2015, compared to total assets of 14,154,067 JOD as of December 31^st, 2014, a net decrease of 0.04%. Total liabilities of the company reached 5,333,829 JOD as of March 31^st, 2015, compared to total liabilities of 5,213,356 JOD as of December 31^st, 2014, a net increase of 2.3%. Net ownership equity of the company reached 8,814,831 JOD as of March 31^st, 2015, compared with a net ownership equity of 8,940,711 JOD as of December 31^st, 2014, a net decrease of 1.4% in the first three months.