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LADAEN posts net income of JD0.02 million in 9M 2021

2021-11-01

According to the financial statements of Palestine Plastic Industries LADAEN for the first nine months of 2021, Net profit after tax of the period reached 19,773 JD Compared with Net Loss after tax (6,773) JD for 2020.Total assets of the company reached 770,719 JD compared with total assets of 820,623 JD at the end of year 2020, a net decrease of 6.08%.Total liabilities of the company reached 445,183 JD compared with total liabilities of 514,860 JD at the end of year 2020, a net decrease of 13.53%. Net ownership equity of the company reached 325,536 JD compared with total owner equity of 305,763 JD at the end of year 2020, a net increase of 6.47%.