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PALAQAR reports net income of JD0.008 million in H1 2019


According to the financial statements of Palaqar for Real Estate Development and Management PALAQAR for the first half of 2019, Net profit after tax of the period reached 8,450 JD Compared with Net profit after tax 59,100 JD for 2018, a net decrease in profit of 85.70%.Total assets of the company reached 4,146,268 JD compared with total assets of 4,229,112 JD at the end of year 2018, a net decrease of 1.96%.Total liabilities of the company reached 2,468,334 JD compared with total liabilities of 2,559,628 JD at the end of year 2018, a net decrease of 3.56%. Net ownership equity of the company reached 1,677,934 JD compared with total owner equity of 1,669,484 JD at the end of year 2018, a net increase of 0.51%.



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