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PALAQAR realizes net loss of JD0.002 million in Q1 2015

2015-05-25

According to PALAQAR for Real Estate Development & Management Company PALAQAR’s data for the first three months of the year, net loss reached (2,551) JOD, compared with a net profit after taxes of 38,629 JOD from the first three months of 2014. Total assets of the company reached 3,088,868 JOD as of March 31st, 2015, compared to total assets of 3,088,868 JOD as of December 31st, 2014, a net increase of 4.8%. Total liabilities of the company reached 1,376,911 JOD as of March 31st, 2015, compared to total liabilities of 1,233,668 JOD as of December 31st, 2014, a net increase of 11.6%. Net ownership equity of the company reached 1,711,957 JOD as of March 31st, 2015, compared with a net ownership equity of 1,714,508 JOD as of December 31st, 2014, a net decrease of 0.1% in the first three months. PALAQAR failed to disclose its first quarter financials within the statutory period ended on 30 April 2015.


 

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