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PSE records net income of $0.32 million in Q1 2014

2014-04-22

According to Palestine Securities Exchange Company PSE data for the first three months of the year, net profit after taxes reached 319,368 USD, compared with a net loss of (237,140) USD from the first three months of 2013. Total assets of the company reached 12,026,056 USD as of March 31^st, 2014, compared to total assets of 11,366,673 USD as of December 31^st, 2013, a net increase of 5.8%. Total liabilities of the company reached 1,644,108 USD as of March 31^st, 2014, compared to total liabilities of 1,303,913 USD as of December 31^st, 2013, a net increase of 26.1%. Net ownership equity of the company reached 10,381,948 USD as of March 31^st, 2014, compared with a net ownership equity of 10,062,760 USD as of December 31^st, 2013, a net increase of 3.2% in the first three months.