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JCC posts net income of JD0.51 million at the end of 2017

2018-02-19

According to the financial statements of Jerusalem Cigarette JCC for the year 2017, Net profit after tax of the period reached 506,859 JD Compared with Net Loss after tax (379,384) JD for 2016.Total assets of the company reached 44,360,368 JD compared with total assets of 40,148,931 JD at the end of year 2016, a net increase of 10.49%.Total liabilities of the company reached 21,314,038 JD compared with total liabilities of 17,770,839 JD at the end of year 2016, a net increase of 19.93%. Net ownership equity of the company reached 23,046,330 JD (Including Non-Controlling Interests of 3,675,685 JD) compared with total owner equity of 22,378,092 JD (Including Non-Controlling Interests of 3,632,986 JD) at the end of year 2016, a net increase of 2.99%.