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Palestine Commercial Bank achieves a net income of $0.28 million in H1 2013

2013-08-14

According to company data for the first six months of the year, net profit after taxes reached 284,671 USD, compared with a net loss of (4,824) USD from the first six months of 2012. Total assets of the company reached 203,730,665 USD as of June 30th, 2013, compared to total assets of 186,169,212 USD as of December 31st, 2012, a net increase of 9.4%. Total liabilities of the company reached 175,377,344 USD as of June 30th, 2013, compared to total liabilities of 158,100,562 USD as of December 31st, 2012, a net increase of 10.9%. Net ownership equity of the company reached 28,353,321 USD as of June 30th, 2013, compared with a net ownership equity of 28,068,650 USD as of December 31st, 2012, a net increase of 1.0% in the last six months.

 


 

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