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LADAEN realizes net loss of JD0.07 million in 9M 2016

2016-10-26

According to the financial statements of Palestine Plastic Industries LADAEN for the first nine months of 2016, Net Loss after tax of the period reached (70,009) JD Compared with Net Loss after tax (399,718) JD for 2015, a net decrease in loss of 82.49%.Total assets of the company reached 1,280,580 JD compared with total assets of 1,538,627 JD at the end of year 2015, a net decrease of 16.77%.Total liabilities of the company reached 559,225 JD compared with total liabilities of 747,263 JD at the end of year 2015, a net decrease of 25.16%. Net ownership equity of the company reached 721,355 JD compared with total owner equity of 791,364 JD at the end of year 2015, a net decrease of 8.85%.