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LADAEN realizes net loss of JD0.05 million in 9M 2019

2019-10-31

According to the financial statements of Palestine Plastic  Industries Company LADAEN for the first nine months of 2019, Net Loss after tax of the period reached (47,750) JD Compared with Net Loss after tax (9,722) JD for 2018, a net increase in loss of 391.15%.Total assets of the company reached 905,180 JD compared with total assets of 969,076 JD at the end of year 2018, a net decrease of 6.59%.Total liabilities of the company reached 570,181 JD compared with total liabilities of 586,326 JD at the end of year 2018, a net decrease of 2.75%. Net ownership equity of the company reached 334,999 JD compared with total owner equity of 382,750 JD at the end of year 2018, a net decrease of 12.48%.