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Palestine Investment & Development (PID) earns realizes a loss of JD 35.76 thousand in the third quarter of 2010

2010-10-26

Palestine Investment & Development (PID) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a net loss of JD )35,757( comparing to a pretax income of JD 19,611 in the third quarter of 2009. The company’s assets reached JD 2.74 million at the end 30/09/2010 after they reached JD 2.77 million on 31/12/2009. Total liabilities reached JD 48.86 million at the end of the third quarter of 2010 comparing to JD 46.05 million as of 31/12/2009. Shareholders’ equity reached JD 2.69 million on 30/09/2010 after they reached JD 2.72 million at the end of 2009.