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Palestine Insurance (PICO) earns a pretax income of $0.45 million in the third quarter of 2010

2010-11-01

Palestine Insurance (PICO) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of $ 0.45 million comparing to $ 0.47 million in the third quarter of 2009. The company’s assets reached $32.28 million at the end 30/09/2010 after they reached $32.04 million on 31/12/2009. Total liabilities reached $26.02 million at the end of the third quarter of 2010 comparing to $26.32 million as of 31/12/2009. Shareholders’ equity reached $ 6.26 million on 30/09/2010 after they reached $ 5.72 at the end of 2009.