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LADAEN realizes net loss of JD0.96 million in 2015

2016-02-14

According to the financial statements of Palestine Plastic Industries Company LADAEN for the year 2015, Net Loss after tax of the period reached (956,910) JD Compared with Net Loss after tax (494,870) JD for 2014, a net increase in loss of 93.37%.Total assets of the company reached 1,538,627 JD compared with total assets of 2,699,993 JD at the end of year 2014, a net decrease of 43.01%.Total liabilities of the company reached 747,263 JD compared with total liabilities of 951,719 JD at the end of year 2014, a net decrease of 21.48%. Net ownership equity of the company reached 791,364 JD compared with total owner equity of 1,748,274 JD at the end of year 2014, a net decrease of 54.73%.