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Palestine Industrial Investment PIIC earns a pretax income of JOD 2.22 million in the first half of 2010

2010-08-04

Palestine Industrial Investment (PIIC) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a pretax income of JOD 2,218,087 comparing to JOD 985,262 in the first half of 2009. The company’s assets reached JOD 37,612,176 at the end 30/06/2010 after they reached 34,920,070 on 31/12/2009. Total liabilities reached JOD 8,825,985 at the end of the first half of 2010 comparing to JOD 8,413,576 as of 31/12/2009. Shareholders’ equity reached JOD 28,786,191 on 30/06/2010 after they reached JOD 26,506,494 at the end of 2009.