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PIIC achieves net income of JD3.92 million in 9M 2013

2013-10-20

According to Palestine Industrial Investment data for the first nine months of the year, net profit after taxes reached 3,920,610 JOD, compared with a net profit after taxes 238,027 JOD from the first nine months of 2012, a net increase of 1547.1%. Total assets of the company reached 46,702,406 JOD as of September 30^th, 2013, compared to total assets of 44,043,584 JOD as of December 31^st, 2012, a net increase of 6.0%. Total liabilities of the company reached 10,583,471 JOD as of September 30^th, 2013, compared to total liabilities of 12,738,009 JOD as of December 31^st, 2012, a net decrease of 16.9%. Net ownership equity of the company reached 36,118,935 JOD (including 5,838,236 JOD in Minority Rights) as of September 30^th, 2013, compared with a net ownership equity of 31,305,575 JOD (including 4,982,908 JOD in Minority Rights) as of December 31^st, 2012, a net increase of 15.4% in the first nine months.