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PALAQAR realizes net loss of JD0.08 million in 9M 2015

2015-10-27

According to the financial statements of Palaqar for Real Estate Development and Management PALAQAR for the first nine months of 2015, Net Loss after tax of the period reached (80,560) JD Compared with Net Loss after tax (37,035) JD for 2014, a net increase in loss of 117.52%.Total assets of the company reached 2,985,927 JD compared with total assets of 2,948,176 JD at the end of year 2014, a net increase of 1.28%.Total liabilities of the company reached 1,351,979 JD compared with total liabilities of 1,233,668 JD at the end of year 2014, a net increase of 9.59%. Net ownership equity of the company reached 1,633,948 JD compared with total owner equity of 1,714,508 JD at the end of year 2014, a net decrease of 4.70%.