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RSR posts net income of JD0.35 million at the end of 2018

2019-02-14

According to the financial statements of the Ramallah Summer Resorts RSR for the year 2018, Net profit after tax of the period reached 346,732 JD Compared with Net profit after tax 480,877 JD for 2017, a net decrease in profit of 27.90%.Total assets of the company reached 14,677,193 JD compared with total assets of 14,615,988 JD at the end of year 2017, a net increase of 0.42%.Total liabilities of the company reached 1,691,658 JD compared with total liabilities of 1,976,935 JD at the end of year 2017, a net decrease of 14.43%. Net ownership equity of the company reached 12,985,535 JD compared with total owner equity of 12,639,053 JD at the end of year 2017, a net increase of 2.74%.