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Palestine Real Estate Investment earns a pretax income of JD0.26 million in Q1 2011

2011-05-03

Palestine Real Estate Investment PICO disclosed its financial results for the first quarter of this year, where they indicated a pretax income of JD262,965 compared to an income of JD486,225 in the first quarter of 2010. Total assets reached JD88,569,890 on 31/03/2011 compared to JD87,928,266 as of 31/12/2010. Total Liabilities amounted at JD22,829,285 on 31/03/2011 after they reached JD22,308,899 on 31/12/2010. Total shareholders’ equity settled at JD65,740,605 (minority interests of JD2,715,638) at the end of the first quarter of 2011 compared to JD65,619,367 (minority interest of JD2,786,202) at the end of 2010.

 

 


 

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