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JCC posts net income of JD2.33 million in 2020

2021-02-16

According to the financial statements of Jerusalem Cigarette Company JCC for the year 2020, Net profit after tax of the period reached 2,328,127 JD Compared with Net profit after tax 144,118 JD for 2019, a net increase in profit of 1515.43%.Total assets of the company reached 44,616,255 JD compared with total assets of 43,701,397 JD at the end of year 2019, a net increase of 2.09%.Total liabilities of the company reached 22,727,615 JD compared with total liabilities of 24,228,957 JD at the end of year 2019, a net decrease of 6.19%. Net ownership equity of the company reached 21,888,640 JD (Including Non-Controlling Interests of 3,620,747 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 12.41%.