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Palestine Investment & Development Co. (PID) realized losses of JOD 13,484 in the first half of 2010

2010-08-16

Palestine Investment & Development Co. (PID) 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 loss of  JOD 13,484 comparing to a profit of JOD 2,950 in the first half of 2009. The company’s assets reached JOD 2.75 million at the end 30/06/2010 after they reached 2.77 million  on 31/12/2009. Total liabilities reached JOD 46,095 at the end of the first half of 2010 comparing to JOD 46,051 as of 31/12/2009. Shareholders’ equity reached JOD 2.71 million on 30/06/2010 after they reached JOD 2.72 at the end of 2009.