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PRICO realizes a net loss of JD1.5 million in 2013

2014-02-17

According to Palestine Real Estate Investment Co data for year-end preliminary financial statements for year 2013, net loss reached (1,498,500) JOD, compared with a net loss of (1,348,407) JOD in the audited data for 2012, a net increase in loss of 11.1%.  Total assets of the company reached 119,902,291 JOD as of December 31st, 2013, compared to total assets of 113,666,844 JOD as of December 31st, 2012, a net increase of 5.5%. Total liabilities of the company reached 39,506,671 JOD as of December 31st, 2013, compared to total liabilities of 33,192,036 JOD as of December 31st, 2012, a net increase of 19.0%. Net ownership equity of the company reached 80,395,620 JOD (including 2,399,291 JOD in Non-controlling interest) as of December 31st, 2013, compared with a net ownership equity of 80,474,808 JOD (including 1,691,385 JOD in Non-controlling interest) as of December 31st, 2012, a net decrease of 0.1%.

 

 

 


 

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