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RSR reports net income of JD0.48 million at the end of 2017

2018-02-19

According to the financial statements of Ramallah Summer Resorts for the year 2017, Net profit after tax of the period reached 480,173 JD Compared with Net profit after tax 415,540 JD for 2016, a net increase in profit of 15.55%.Total assets of the company reached 14,846,589 JD compared with total assets of 14,520,337 JD at the end of year 2016, a net increase of 2.25%.Total liabilities of the company reached 2,208,240 JD compared with total liabilities of 2,083,161 JD at the end of year 2016, a net increase of 6.00%. Net ownership equity of the company reached 12,638,349 JD compared with total owner equity of 12,437,176 JD at the end of year 2016, a net increase of 1.62%.