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LADAEN posts net income of JD0.02 million in H1 2021

2021-08-17

According to the financial statements of Palestine Plastic Industries LADAEN for the first half of 2021, Net profit after tax of the period reached 18,049 JD Compared with Net Loss after tax (10,434) JD for 2020.Total assets of the company reached 785,711 JD compared with total assets of 820,623 JD at the end of year 2020, a net decrease of 4.25%.Total liabilities of the company reached 461,899 JD compared with total liabilities of 514,860 JD at the end of year 2020, a net decrease of 10.28%. Net ownership equity of the company reached 323,812 JD compared with total owner equity of 305,763 JD at the end of year 2020, a net increase of 5.90%.