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PALAQAR realizes net loss of JD0.22 million in 2015

2016-02-14

According to the financial statements of Palaqar for Real Estate Development and Management Company PALAQAR for the year 2015, Net Loss after tax of the period reached (216,571) JD Compared with Net Loss after tax (301,877) JD for 2014, a net decrease in loss of 28.26%.Total assets of the company reached 2,838,957 JD compared with total assets of 2,948,176 JD at the end of year 2014, a net decrease of 3.70%.Total liabilities of the company reached 1,341,020 JD compared with total liabilities of 1,233,668 JD at the end of year 2014, a net increase of 8.70%. Net ownership equity of the company reached 1,497,937 JD compared with total owner equity of 1,714,508 JD at the end of year 2014, a net decrease of 12.63%.