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LADAEN realizes net loss of JD0.04 million in H1 2016

2016-08-14

According to Palestine Plastic Industrial company financial statements for first half of 2016, Net Loss after tax of the period reached (38,385) JD Compared with Net Loss after tax (189,192) JD for 2015, a net decrease in loss of 79.71%.Total assets of the company reached 1,351,739 JD compared with total assets of 1,538,627 JD at the end of year 2015, a net decrease of 12.15%.Total liabilities of the company reached 598,760 JD compared with total liabilities of 747,263 JD at the end of year 2015, a net decrease of 19.87%. Net ownership equity of the company reached 752,979 JD compared with total owner equity of 791,364 JD at the end of year 2015, a net decrease of 4.85%.