Jerusalem Cigarette Company Reports Unaudited Consolidated Financial Results for the Year Ended December 31, 2017
Jerusalem Cigarette Company reported unaudited consolidated financial results for the year ended December 31, 2017. For the year, sales were JOD 43,757,397 compared with JOD 36,669,530 a year ago. Net Income before tax was JOD 592,140 compared with loss of JOD 362,732 a year ago. Net Income after tax was JOD 506,859 compared with loss of JOD 379,384 a year ago. Net comprehensive income was JOD 722,198 compared with JOD 531,079 a year ago. Net cash flow from operating activities was JOD 42,501 compared with JOD 365,677 a year ago. Purchase of property, plant and equipment was JOD 382,785 compared with JOD 145,535 a year ago.