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JCC reports net income of JD0.06 million at the end of 2016


According to the financial statements of Jerusalem Cigarette Company JCC for year 2016, Net profit after tax of the period reached 62,909 JD Compared with Net profit after tax 18,671 JD for 2015, a net increase in profit of 236.93%.Total assets of the company reached 41,102,841 JD compared with total assets of 38,614,179 JD at the end of year 2015, a net increase of 6.44%.Total liabilities of the company reached 18,592,212 JD compared with total liabilities of 16,532,244 JD at the end of year 2015, a net increase of 12.46%. Net ownership equity of the company reached 22,510,629 JD (Including Non-Controlling Interests of 3,818,808 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 increase of 1.94%.


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