Jerusalem Cigarette Co. Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
Jerusalem Cigarette Co. Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported sales were JOD 10,344,856 against JOD 8,922,561 a year ago. Net income before tax was JOD 141,670 against loss of JOD 63,509 a year ago. Net income after tax was JOD 141,670 against loss of JOD 63,509 a year ago. Net cash flow used in operating activities was JOD 43,811 against net cash flow from operating activities of JOD 613,730 a year ago. Purchase of property, plant and equipment was JOD 186,867 against JOD 27,226 a year ago.