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Jerusalem Cigarettes realizes a net loss of JD 5,604 in the first quarter of 2010

2010-04-26

Jerusalem Cigarettes Company (JCC) disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a loss of JD (5,604) comparing to a pretax income of JD 176,331 in the first quarter of 2009. The company’s assets reached JD 32,864,563 at the end 31/03/2010 after they reached JD 29,558,340 on 31/12/2009. Total liabilities reached JD 19,493,136 at the end of the first quarter of 2010 comparing to JD 16,917,161 as of 31/12/2009. Shareholders’ equity reached JD 13,371,427 on 31/03/2010 after they reached JD 12,641,179 at the end of 2009.