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PSE realizes net loss of $0.40 million in 9M 2013

2013-10-23

According to Palestine Securities Exchange data for the first nine months of the year, net loss reached (402,814) USD, compared with a net loss of (564,414) USD from the first nine months of 2012, a net decrease in loss of 28.6%. Total assets of the company reached 11,358,207 USD as of September 30^th, 2013, compared to total assets of 11,723,148 USD as of December 31^st, 2012, a net decrease of 3.1%. Total liabilities of the company reached 1,432,402 USD as of September 30^th, 2013, compared to total liabilities of 1,487,110 USD as of December 31^st, 2012, a net decrease of 3.7%. Net ownership equity of the company reached 9,925,805 USD as of September 30^th, 2013, compared with a net ownership equity of 10,236,038 USD as of December 31^st, 2012, a net decrease of 3.0% in the first nine months.