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JCC reports net income of JD0.27 million in H1 2020

2020-09-03

According to the financial statements of Jerusalem Cigarette Company JCC for the first half of 2020, Net profit after tax of the period reached 273,891 JD Compared with Net Loss after tax (208,743) JD for 2019.Total assets of the company reached 45,441,416 JD compared with total assets of 43,701,397 JD at the end of year 2019, a net increase of 3.98%.Total liabilities of the company reached 25,695,808 JD compared with total liabilities of 24,228,957 JD at the end of year 2019, a net increase of 6.05%. Net ownership equity of the company reached 19,745,608 JD (Including Non-Controlling Interests of 3,489,297 JD) compared with total owner equity of 19,472,440 JD (Including Non-Controlling Interests of 3,463,499 JD) at the end of year 2019, a net increase of 1.40%.