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PID realizes a net loss of JD0.05 million in 9M 2013

2013-10-27

According to Palestine Investment & Development data for the first nine months of the year, net profit after taxes reached 46,682 JOD, compared with a net loss of (64,528) JOD from the first nine months of 2012. Total assets of the company reached 2,887,462 JOD as of September 30^th, 2013, compared to total assets of 2,864,769 JOD as of December 31^st, 2012, a net increase of 0.8%. Total liabilities of the company reached 46,623 JOD as of September 30^th, 2013, compared to total liabilities of 70,612 JOD as of December 31^st, 2012, a net decrease of 34.0%. Net ownership equity of the company reached 2,840,839 JOD as of September 30^th, 2013, compared with a net ownership equity of 2,794,157 JOD as of December 31^st, 2012, a net increase of 1.7% in the first nine months.