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RSR reports net income of JD0.29 million in 9M 2016

2016-10-31

According to the financial statements of the Ramallah Summer Resorts Company RSR for the first nine months of 2016, Net profit after tax of the period reached 295,854 JD Compared with Net profit after tax 233,940 JD for 2015, a net increase in profit of 26.47%.Total assets of the company reached 14,596,449 JD compared with total assets of 15,129,680 JD at the end of year 2015, a net decrease of 3.52%.Total liabilities of the company reached 2,279,059 JD compared with total liabilities of 3,107,894 JD at the end of year 2015, a net decrease of 26.66%. Net ownership equity of the company reached 12,317,390 JD compared with total owner equity of 12,021,786 JD at the end of year 2015, a net increase of 2.46%.