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JCC posts net income of JD0.05 million in 9M 2016


According to the financial statements of Jerusalem Cigarette Company JCC for the first nine months of 2016, Net profit after tax of the period reached 48,012 JD Compared with Net Loss after tax (1,202,423) JD for 2015.Total assets of the company reached 40,443,852 JD compared with total assets of 38,614,179 JD at the end of year 2015, a net increase of 4.74%.Total liabilities of the company reached 18,588,447 JD compared with total liabilities of 16,532,244 JD at the end of year 2015, a net increase of 12.43%. Net ownership equity of the company reached 21,855,405 JD (Including Non-Controlling Interests of 3,847,066 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%.




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