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RSR posts net income of JD0.21 million in 2015

2016-02-17

According to the financial statements of Ramallah Summer Resorts RSR for the year 2015, Net profit after tax of the period reached 214,305 JD Compared with Net Loss after tax (132,141) JD for 2014.Total assets of the company reached 15,174,146 JD compared with total assets of 14,242,064 JD at the end of year 2014, a net increase of 6.54%.Total liabilities of the company reached 2,810,035 JD compared with total liabilities of 3,721,323 JD at the end of year 2014, a net decrease of 24.48%. Net ownership equity of the company reached 12,364,111 JD compared with total owner equity of 10,520,741 JD at the end of year 2014, a net increase of 17.52%.Noting that paid-in capital increased from 3,616,467 JD in year 2014 to 4,000,000 JD of this year,a net increase of 10.61%.