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LADAEN realizes net loss of JD0.57 million in 2013

2014-02-13

According to Palestine Plastic Industries Company LADAEN data for year-end preliminary financial statements for year 2013, net loss reached (569,124) JOD, compared with a net loss of (580,823) JOD in the audited data for 2012, a net decrease in loss of 2.0%. Total assets of the company reached 3,136,236 JOD as of December 31^st, 2013, compared to total assets of 3,668,969 JOD as of December 31^st, 2012, a net decrease of 14.5%. Total liabilities of the company reached 893,092 JOD as of December 31^st, 2013, compared to total liabilities of 856,701 JOD as of December 31^st, 2012, a net increase of 4.2%. Net ownership equity of the company reached 2,243,144 JOD as of December 31^st, 2013, compared with a net ownership equity of 2,812,268 JOD as of December 31^st, 2012, a net decrease of 20.2%.