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JCC records net income of JD0.06 million in Q1 2016


According to Jerusalem Cigarette financial statements for 1st Quarter of 2016, Net profit after tax of the period reached 59,060 JD Compared with Net Loss after tax (672,921) JD for 2015.Total assets of the company reached 39,534,578 JD compared with total assets of 38,614,179 JD at the end of year 2015, a net increase of 2.38%.Total liabilities of the company reached 17,445,553 JD compared with total liabilities of 16,532,244 JD at the end of year 2015, a net increase of 5.52%. Net ownership equity of the company reached 22,089,025 JD (Including None-Controlling Interests of 3,776,271 JD) compared with total owner equity of 22,081,935 JD (Including None-Controlling Interests of 3,758,144 JD) at the end of year 2015, a net increase of 0.03%.


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