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RSR posts net income of JD0.09 million in Q1 2015

2015-05-04

According to Ramallah Summer Resorts RSR’s financial statements for 1st Quarter of 2015, Net profit after tax of the period reached 87,626 JOD Compared with Net profit after tax 14,785 JOD for 2014, a net increase in profit of 492.67%.Total assets of the company reached 14,194,657 JOD compared with total assets of 14,242,064 JOD at the end of year 2014, a net decrease of 0.33%.Total liabilities of the company reached 3,586,290 JOD compared with total liabilities of 3,721,323 JOD at the end of year 2014, a net decrease of 3.62%. Net ownership equity of the company reached 10,608,367 JOD compared with total owner equity of 10,520,741 JOD at the end of year 2014, a net increase of 0.83%.