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Palestine Industrial Investment PIIC achieved a net income of JD2.15 million in H1 2013

2013-08-04

According to company data for the first six months of the year, net profit after taxes reached 2,150,434 JOD, compared with a net loss of (137,130) JOD from the first six months of 2012. Total assets of the company reached 45,679,337 JOD as of June 30^th, 2013, compared to total assets of 44,043,584 JOD as of December 31^st, 2012, a net increase of 3.7%. Total liabilities of the company reached 11,715,562 JOD as of June 30^th, 2013, compared to total liabilities of 12,738,009 JOD as of December 31^st, 2012, a net decrease of 8.0%. Net ownership equity of the company reached 33,963,775 JOD (including 5,477,742 JOD in Non-controlling interest) as of June 30^th, 2013, compared with a net ownership equity of 31,305,575 JOD (including 4,982,908 JOD in Non-controlling interest) as of December 31^st, 2012, a net increase of 8.5% in the last six months.