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LADAEN records net losses of JD0.05 million at the end of 2017

2018-02-18

According to the financial statements of Palestine Plastic Industrial LADEAN for the year 2017, Net Loss after tax of the period reached (49,081) JD Compared with Net Loss after tax (217,177) JD for 2016, a net decrease in loss of 77.40%.Total assets of the company reached 1,106,771 JD compared with total assets of 1,214,468 JD at the end of year 2016, a net decrease of 8.87%.Total liabilities of the company reached 581,665 JD compared with total liabilities of 640,281 JD at the end of year 2016, a net decrease of 9.15%. Net ownership equity of the company reached 525,106 JD compared with total owner equity of 574,187 JD at the end of year 2016, a net decrease of 8.55%.Noting that paid-in capital decreased from 7,000,000 JD in year 2016 to 700,000 JD of this year,a net decrease of 90.00%

 


 

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