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RSR records net income of JD0.34 million at the end of 2016


According to the financial statements of Ramallah Summer Resorts Company RSR for the year 2016, Net profit after tax of the period reached 343,082 JD Compared with Net Loss after tax (128,120) JD for 2015.Total assets of the company reached 14,426,884 JD compared with total assets of 15,129,680 JD at the end of year 2015, a net decrease of 4.65%.Total liabilities of the company reached 2,062,166 JD compared with total liabilities of 3,107,894 JD at the end of year 2015, a net decrease of 33.64%. Net ownership equity of the company reached 12,364,718 JD compared with total owner equity of 12,021,786 JD at the end of year 2015, a net increase of 2.85%.


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