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JCC posts net income of JD0.04 million in H1 2016

2016-08-28

According to the financial statements of Jerusalem Cigarette Company JCC for the first half of 2016, Net profit after tax of the period reached 43,419 JD Compared with Net Loss after tax (1,035,825) JD for 2015.Total assets of the company reached 39,838,323 JD compared with total assets of 38,614,179 JD at the end of year 2015, a net increase of 3.17%.Total liabilities of the company reached 17,983,903 JD compared with total liabilities of 16,532,244 JD at the end of year 2015, a net increase of 8.78%. Net ownership equity of the company reached 21,854,420 JD (Including Non-Controlling Interests of 3,820,350 JD) compared with total owner equity of 22,081,935 JD (Including Non-Controlling Interests of 3,758,144 JD) at the end of year 2015, a net decrease of 1.03%.