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JCC posts net income of JD0.71 million in Q1 2022

2022-05-17

According to the financial statements of Jerusalem Cigarette Company JCC for the 1st Quarter of 2022, Net profit after tax of the period reached 714,609 JD Compared with Net profit after tax 772,089 JD for 2021, a net decrease in profit of 7.44%.Total assets of the company reached 50,234,440 JD compared with total assets of 50,719,145 JD at the end of year 2021, a net decrease of 0.96%.Total liabilities of the company reached 23,002,651 JD compared with total liabilities of 24,467,459 JD at the end of year 2021, a net decrease of 5.98%. Net ownership equity of the company reached 27,231,789 JD (Including Non-Controlling Interests of 4,056,009 JD) compared with total owner equity of 26,251,686 JD (Including Non-Controlling Interests of 3,840,189 JD) at the end of year 2021, a net increase of 3.73%.