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RSR reports net income of JD0.22 million in H1 2017

2017-08-22

According to the financial statements of the Ramallah Summer Resorts RSR for the first half of 2017, Net profit after tax of the period reached 218,862 JD Compared with Net profit after tax 153,445 JD for 2016, a net increase in profit of 42.63%.Total assets of the company reached 14,656,916 JD compared with total assets of 14,520,337 JD at the end of year 2016, a net increase of 0.94%.Total liabilities of the company reached 2,279,628 JD compared with total liabilities of 2,083,161 JD at the end of year 2016, a net increase of 9.43%. Net ownership equity of the company reached 12,377,288 JD compared with total owner equity of 12,437,176 JD at the end of year 2016, a net decrease of 0.48%.