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BRAVO realizes net loss of JD0.52 million in 9M 2016

2016-10-25

According to the financial statements of the Arab Palestinian Shopping Centers BRAVO for the first nine months of 2016, Net Loss after tax of the period reached (517,514) JD Compared with Net Loss after tax (412,236) JD for 2015, a net increase in loss of 25.54%.Total assets of the company reached 19,254,229 JD compared with total assets of 18,437,732 JD at the end of year 2015, a net increase of 4.43%.Total liabilities of the company reached 10,381,616 JD compared with total liabilities of 9,047,605 JD at the end of year 2015, a net increase of 14.74%. Net ownership equity of the company reached 8,872,613 JD compared with total owner equity of 9,390,127 JD at the end of year 2015, a net decrease of 5.51%.