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RSR posts net income of JD0.05 million in Q1 2024


According to the financial statements of Ramallah Summer Resorts RSR for the 1st Quarter of 2024, Net profit after tax of the period reached 48,754 JD Compared with Net profit after tax 57,774 JD for 2023, a net decrease in profit of 15.61%.Total assets of the company reached 15,179,639 JD compared with total assets of 15,172,475 JD at the end of year 2023, a net increase of 0.05%.Total liabilities of the company reached 1,063,055 JD compared with total liabilities of 1,102,845 JD at the end of year 2023, a net decrease of 3.60%. Net ownership equity of the company reached 14,116,584 JD compared with total owner equity of 14,069,630 JD at the end of year 2023, a net increase of 0.33%.



Al-Quds Index continued to decline amid lack of general incentives

The PEX records average PE of 19.7x and average P/BV of 1.10x in Q1 2024

JCC approves distributing 10% cash dividends for the year 2023



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