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LADAEN posts net income of JD0.009 million in Q1 2020

2020-05-13

According to the financial statements of Palestine Plastic Industries LADAEN for 1st Quarter of 2020, Net profit after tax of the period reached 8,630 JD Compared with Net Loss after tax (1,067) JD for 2019.Total assets of the company reached 865,020 JD compared with total assets of 890,943 JD at the end of year 2019, a net decrease of 2.91%.Total liabilities of the company reached 537,039 JD compared with total liabilities of 571,591 JD at the end of year 2019, a net decrease of 6.04%. Net ownership equity of the company reached 327,981 JD compared with total owner equity of 319,352 JD at the end of year 2019, a net increase of 2.70%.