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LADAEN posts net income of JD0.02 million in Q1 2023

2023-05-17

According to the financial statements of Palestine Plastic Industries LADAEN for the 1st Quarter of 2023, Net profit after tax of the period reached 17,194 JD Compared with Net profit after tax 15,715 JD for 2022, a net increase in profit of 9.41%.Total assets of the company reached 759,665 JD compared with total assets of 760,584 JD at the end of year 2022, a net decrease of 0.12%.Total liabilities of the company reached 364,646 JD compared with total liabilities of 382,759 JD at the end of year 2022, a net decrease of 4.73%. Net ownership equity of the company reached 395,019 JD compared with total owner equity of 377,825 JD at the end of year 2022, a net increase of 4.55%.