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PLAZA realizes net loss of JD0.47 million at the end of 2014

2015-02-15

According to Arab Palestinian Shopping Centers Company PLAZA’s  data for year-end preliminary financial statements for year 2014, net loss reached (468,141) JOD, compared with a net loss of (307,890) JOD in the audited data for 2013, a net increase in loss of 52.0%. Total assets of the company reached 14,154,067 JOD as of December 31^st, 2014, compared to total assets of 13,198,078 JOD as of December 31^st, 2013, a net increase of 7.2%. Total liabilities of the company reached 5,213,356 JOD as of December 31^st, 2014, compared to total liabilities of 3,789,226 JOD as of December 31^st, 2013, a net increase of 37.6%. Net ownership equity of the company reached 8,940,711 JOD as of December 31^st, 2014, compared with a net ownership equity of 9,408,852 JOD as of December 31^st, 2013, a net decrease of 5.0%.