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PALAQAR realizes net loss of JD0.09 million in H1 2015

2015-08-17

According to Palaqar for Real Estate Development & Management Company PALAQAR’s data for the first six months of the year, net loss reached (97,578) JOD, compared with a net profit after taxes of 19,019 JOD from the first six months of 2014. Total assets of the company reached 3,110,187 JOD as of June 30^th, 2015, compared to total assets of 2,948,176 JOD as of December 31^st, 2014, a net increase of 5.5%. Total liabilities of the company reached 1,493,257 JOD as of June 30^th, 2015, compared to total liabilities of 1,233,668 JOD as of December 31^st, 2014, a net increase of 21.0%. Net ownership equity of the company reached 1,616,930 JOD as of June 30^th, 2015, compared with a net ownership equity of 1,714,508 JOD as of December 31^st, 2014, a net decrease of 5.7% in the last six months.