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Palestine Real Estate Investment Company realizes loss of JD0.22 million in Q1 2013

2013-05-01

According to Palestine Real Estate Investment Company ( PRICO)’s data for the first three months of the year, net loss reached (218,768) JOD, compared with a net profit before tax of 210,904 JOD from the first three months of 2012. Total assets of the company reached 114,366,515 JOD as of March 31st, 2013, compared to total assets of 113,666,844 JOD as of December 31st, 2012, a net increase of 0.6%. Total liabilities of the company reached 33,830,383 JOD as of March 31st, 2013, compared to total liabilities of 33,192,036 JOD as of December 31st, 2012, a net increase of 1.9%. Net ownership equity of the company reached 80,536,132 JOD (including 1,822,202 JOD in Non-controlling interest) as of March 31st, 2013, compared with net ownership equity of 80,474,808 JOD (including 1,691,385 JOD in Non-controlling interest) as of December 31st, 2012, a net increase of 0.1% in the first three months.

 


 

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