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LADAEN posts net income of JD0.03 million in 2021

2022-02-16

According to the financial statements of Palestine Plastic Industries LADAEN for the year 2021, Net profit after tax of the period reached 33,151 JD Compared with Net Loss after tax (13,589) JD for 2020.Total assets of the company reached 775,386 JD compared with total assets of 820,623 JD at the end of year 2020, a net decrease of 5.51%.Total liabilities of the company reached 436,472 JD compared with total liabilities of 514,860 JD at the end of year 2020, a net decrease of 15.22%. Net ownership equity of the company reached 338,914 JD compared with total owner equity of 305,763 JD at the end of year 2020, a net increase of 10.84%.