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PALAQAR records net income of JD0.18 million in 9M 2018

2018-11-04

According to the financial statements of Palaqar for Real Estate Development and Management PALAQAR for the first nine months of 2018, Net profit after tax of the period reached 181,743 JD Compared with Net profit after tax 135,535 JD for 2017, a net increase in profit of 34.09%.Total assets of the company reached 4,014,812 JD compared with total assets of 3,887,905 JD at the end of year 2017, a net increase of 3.26%.Total liabilities of the company reached 2,211,685 JD compared with total liabilities of 2,222,913 JD at the end of year 2017, a net decrease of 0.50%. Net ownership equity of the company reached 1,803,127 JD compared with total owner equity of 1,664,992 JD at the end of year 2017, a net increase of 8.30%.