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JCC posts net income of JD0.93 million in Q1 2023

2023-05-17

According to the financial statements of Jerusalem Cigarette Company JCC for the 1st Quarter of 2023, Net profit after tax of the period reached 929,142 JD Compared with Net profit after tax 714,609 JD for 2022, a net increase in profit of 30.02%.Total assets of the company reached 53,678,662 JD compared with total assets of 51,037,005 JD at the end of year 2022, a net increase of 5.18%.Total liabilities of the company reached 25,820,213 JD compared with total liabilities of 23,711,232 JD at the end of year 2022, a net increase of 8.89%. Net ownership equity of the company reached 27,858,449 JD (Including Non-Controlling Interests of 4,027,770 JD) compared with total owner equity of 27,325,773 JD (Including Non-Controlling Interests of 4,011,136 JD) at the end of year 2022, a net increase of 1.95%.