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


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.




High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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