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LADAEN posts net income of JD0.02 million in Q1 2022

2022-05-15

According to the financial statements of Palestine Plastic Industries LADAEN for the 1st Quarter of 2022, Net profit after tax of the period reached 15,715 JD Compared with Net profit after tax 11,900 JD for 2021, a net increase in profit of 32.06%.Total assets of the company reached 751,757 JD compared with total assets of 775,386 JD at the end of year 2021, a net decrease of 3.05%.Total liabilities of the company reached 397,128 JD compared with total liabilities of 436,472 JD at the end of year 2021, a net decrease of 9.01%. Net ownership equity of the company reached 354,629 JD compared with total owner equity of 338,914 JD at the end of year 2021, a net increase of 4.64%.