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BRAVO realizes net loss of $0.73 million at the end of 2016

2017-02-15

According to the financial statements of the Arab Palestinian Shopping Center BRAVO for the year 2016, Net Loss after tax of the period reached (731,740) JD Compared with Net Loss after tax (542,834) JD for 2015, a net increase in loss of 34.80%.Total assets of the company reached 18,972,750 JD compared with total assets of 18,437,732 JD at the end of year 2015, a net increase of 2.90%.Total liabilities of the company reached 10,314,363 JD compared with total liabilities of 9,047,605 JD at the end of year 2015, a net increase of 14.00%. Net ownership equity of the company reached 8,658,387 JD compared with total owner equity of 9,390,127 JD at the end of year 2015, a net decrease of 7.79%.