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Palestine Investment & Development Company achieves pretax income of JD0.007 million in Q1 2013

2013-04-30

According to Palestine Investment & Development Company ( PID)’s data for the first three months of the year, net loss reached (7,117) JOD, compared with a net profit before tax of 13,950 JOD from the first three months of 2012.Total assets of the company reached 2,848,218 JOD as of March 31st, 2013, compared to total assets of 2,864,769 JOD as of December 31st, 2012, a net decrease of 0.6%. Total liabilities of the company reached 61,178 JOD as of March 31st, 2013, compared to total liabilities of 70,612 JOD as of December 31st, 2012, a net decrease of 13.4%. Net ownership equity of the company reached 2,787,040 JOD as of March 31st, 2013, compared with net ownership equity of 2,794,157 JOD as of December 31st, 2012, a net decrease of 0.3% in the first three months.

 


 

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