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PALAQAR records net income of JD0.07 million in Q1 2018


According to the financial statements of Palaqar for Real Estate Development and Management PAALAQAR for the first quarter of 2018,, Net profit after tax of the period reached 75,382 JD Compared with Net profit after tax 25,427 JD for 2017, a net increase in profit of 196.46%.Total assets of the company reached 4,229,886 JD compared with total assets of 3,887,905 JD at the end of year 2017, a net increase of 8.80%.Total liabilities of the company reached 2,489,542 JD compared with total liabilities of 2,222,913 JD at the end of year 2017, a net increase of 11.99%. Net ownership equity of the company reached 1,740,344 JD compared with total owner equity of 1,664,992 JD at the end of year 2017, a net increase of 4.53%.



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