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JCC realizes net loss of JD0.10 million in Q1 2024


According to the financial statements of Jerusalem Cigarette Company JCC for the 1st Quarter of 2024, Net Loss after tax of the period reached (96,270) JD Compared with Net profit after tax 929,142 JD for 2023.Total assets of the company reached 60,670,806 JD compared with total assets of 58,756,206 JD at the end of year 2023, a net increase of 3.26%.Total liabilities of the company reached 33,011,009 JD compared with total liabilities of 31,141,344 JD at the end of year 2023, a net increase of 6.00%. Net ownership equity of the company reached 27,659,797 JD (Including Non-Controlling Interests of 4,487,534 JD) compared with total owner equity of 27,614,862 JD (Including Non-Controlling Interests of 4,154,376 JD) at the end of year 2023, a net increase of 0.16%.



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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