Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Union Construction and Investment UCI earns a pretax profit of $1.06 million in the first nine months of 2012

2012-11-04

The Palestine Exchange (PEX) received the unaudited interim consolidated condensed financial statements from Union Construction And Investment Company ( UCI). PEX disclosure rules give all PEX listed companies one month to report their third quarter interim financial statements as reviewed by the company’s internal auditor. In addition to this press release, this disclosure was published on the PEX website (www.pex.ps) and emailed to PEX member securities firms.

The disclosed information includes: the Statement of Financial Position, the Statement of Comprehensive Income, Changes in Equity Ownership, and the Statement of Cash Flows. The company also provided its interim financial statements via the approved electronic form of disclosure applicable to the Investment Sector. The interim report should also include information required by Article (37/2) 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 nine months of the year.

According to company data for the first nine months of the year, net profit before taxes reached 1,058,250 USD, compared with a net loss of (366,521) USD from the first nine months of 2011. Total assets of the company reached 43,552,835 USD as of September 30th, 2012, compared to total assets of 51,556,532 USD as of December 31st, 2011, a net decrease of 15.5%. Total liabilities of the company reached 3,529,934 USD as of September 30th, 2012, compared to total liabilities of 1,939,886 USD as of December 31st, 2011, a net increase of 82.0%. Net ownership equity of the company reached 40,022,901 USD (including 162,464 USD in Minority Rights) as of September 30th, 2012, compared with a net ownership equity of 49,616,646 USD (including 210,965 USD in Minority Rights) as of December 31st, 2011, a net decrease of 19.3% in the last nine months. Furthermore, paid-in capital decreased from 40,000,000 USD  on December 31st, 2011 to 32,000,000 USD  by September 30th, 2012, a decrease of 20.0%.


 

2017-10-23
LADAEN realizes net loss of JD0.04 million in 9M 2017

2017-10-23
AZIZA posts net income of JD2.90 million in 9M 2017

2017-10-23
PIIC reports net income of JD4.91 million in 9M 2017

2017-10-23
PSE posts net income of $0.37 million in 9M 2017

2017-10-23
PEC posts net income of $6.35 million in 9M 2017

2017-10-23
ISBK reports net income of $9.44 million in 9M 2017

2017-10-23
PALAQAR reports net income of JD0.13 million in 9M 2017

2017-10-23
ARAB posts net income of JD0.05 million in 9M 2017

2017-10-23
TNB posts net income of $7.06 million in 9M 2017

2017-10-23
QUDS reports net income of $9.42 million in 9M 2017

2017-10-19
Scare liquidity amid the start of financial disclosures flow

2017-10-12
Al-Quds Bank records net income of $9.42 million in 9M 2017

2017-10-05
Optimism in the PEX with the start of October

 

 

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