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LADAEN realizes net loss of JD0.19 million in H1 2015

2015-08-11

According to Palestine Plastic Industries Company LADAEN’s financial statements for first half of 2015, Net Loss after tax of the period reached (189,192) JD Compared with Net Loss after tax (245,206) JD for 2014, a net decrease in loss of 22.84%.Total assets of the company reached 2,558,004 JD compared with total assets of 2,699,993 JD at the end of year 2014, a net decrease of 5.26%.Total liabilities of the company reached 998,922 JD compared with total liabilities of 951,719 JD at the end of year 2014, a net increase of 4.95%. Net ownership equity of the company reached 1,559,082 JD compared with total owner equity of 1,748,274 JD at the end of year 2014, a net decrease of 10.82%.