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LADAEN posts net income of JD0.007 million in Q1 2016


According to the financial statements of Palestine Plastic Industries LADAEN for Q1 2016, Net profit after tax of the period reached 7,065 JD Compared with Net Loss after tax (67,946) JD for 2015. Total assets of the company reached 1,455,765 JD compared with total assets of 1,538,627 JD at the end of year 2015, a net decrease of 5.39%.Total liabilities of the company reached 657,336 JD compared with total liabilities of 747,263 JD at the end of year 2015, a net decrease of 12.03%. Net ownership equity of the company reached 798,429 JD compared with total owner equity of 791,364 JD at the end of year 2015, a net increase of 0.89%.


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