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 JD0.10 million in 2012


The Palestine Exchange (PEX) received the audited year-end preliminary financial statements from Al-Aqariya Trading Investment Company ( AQARIYA). PEX disclosure rules give all PEX listed companies 45 days to report their preliminary annual financial statements as reviewed by the company’s internal 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:          

1) A copy of the year-end financial statements. 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 ( 19 notes).

2) The company attached with the disclosure “the summary of year-end preliminary financial statements” form for PEX, and it includes: basic information about the company, the date for the convening of the annual ordinary General Assembly meeting, the date of publication of the annual report, the distribution plan for the annual report, in addition to a summary of preliminary results for the year 2012 compared with the audited results of 2011.

3) The company also provided its interim financial statements via the approved electronic form of disclosure applicable to the Investment Sector.

4) A copy of this disclosure was sent to the Palestinian Capital Market Authority (PCMA) simultaneously.


Within the conclusion in the Independent Auditors’ Report ( Palestine Auditing & Accounting/Abassi), the following opinion was conveyed: In our opinion, the financial statements present fairly, in all material respects, the financial position of Al-Aqariya Trading Investment Company as of December 31, 2012 and its financial performance and its cash flow for the year then ended in conformity with International Financial Reporting Standards.

According to company data for year-end financial statements for year 2012, net loss reached (105,167) JOD, compared with a net profit before taxes of 71,556 JOD (60,823 JOD after taxes) in the audited data for 2011. Total assets of the company reached 5,250,305 JOD as of December 31st, 2012, compared to total assets of 5,964,187 JOD as of December 31st, 2011, a net decrease of 12.0%. Total liabilities of the company reached 818,067 JOD as of December 31st, 2012, compared to total liabilities of 547,465 JOD as of December 31st, 2011, a net increase of 49.4%. Net ownership equity of the company reached 4,432,238 JOD as of December 31st, 2012, compared with a net ownership equity of 5,416,722 JOD as of December 31st, 2011, a net decrease of 18.2%.Furthermore, paid-in capital increased from 5,511,947 JOD on December 31st, 2011 to 4,409,558 JOD  by December 31st, 2012, a decrease of 20.0%.


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