Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

Al-Aqariya Trading Investment Company realizes a net loss of JD0.12 million in H1 2012


The Palestine Exchange (PEX) received the reviewed interim condensed financial statements from Al-Aqariya Trading Investment Company ( AQARIYA). PEX disclosure rules give all PEX listed companies 45 days to report their first half interim financial statements as reviewed by their independent external auditor. In addition to this press release, this disclosure was published on the PEX website ( and emailed to PEX member securities firms.

The disclosed information includes: an Independent Auditors’ Review Report, the Statement of Financial Position, the Income Statement, the Statement of Comprehensive Income, Changes in Equity Ownership, the Statement of Cash Flows and Notes to the interim financial statements ( 20 notes). The company also provided its interim financial statements via the approved electronic form of disclosure applicable to the Investment Sector. The interim report also should include information required by Article (38/2) of the PEX disclosure rules in place. The company included information regarding management, issued shares, material changes and significant events that may have affected financial performances during the first half of the year.

According to company data for the first six months of the year, net loss reached (118,922) JOD, compared with a net profit before taxes of 84,837 JOD from the first six months of 2011. Total assets of the company reached 6,000,727 JOD as of June 30th, 2012, compared to total assets of 5,964,187 JOD as of December 31st, 2011, a net increase of 0.6%. Total liabilities of the company reached 1,583,029 JOD as of June 30th, 2012, compared to total liabilities of 547,465 JOD as of December 31st, 2011, a net increase of 189.2%. Net ownership equity of the company reached 4,417,698 JOD as of June 30th, 2012, compared with a net ownership equity of 5,416,722 JOD as of December 31st, 2011, a net decrease of 18.4% in the last six months. Furthermore, paid-in capital decreased from 5,511,947 JOD  on December 31st, 2011 to 4,409,558 JOD  by June 30th, 2012, an decrease of 20.0%.

Within the opinion paragraph of the Independent Auditors’ Review Report ( Palestine Auditing & Accounting/Abassi), the following opinion was conveyed: Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim financial statements are not prepared, in all material respects, in accordance with   International Accounting Standard No. (34) .


Al-Quds Index in the green zone and a momentum in executing transactions

Al-Quds Index records gains for the second week in row

Al-Quds Index opens the year 2021 in the green zone

The PEX reviews the composition of Al-Quds Index for the year 2021



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013