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PRICO posts net income of JD0.42 million in H1 2014

2014-08-18

According to Palestine Real Estate Investment Company PRICO’s data for the first six months of the year, net profit after taxes reached 416,624 JOD, compared with a net loss of (352,815) JOD from the first six months of 2013. Total assets of the company reached 123,433,874 JOD as of June 30th, 2014, compared to total assets of 118,468,283 JOD as of December 31st, 2013, a net increase of 4.2%. Total liabilities of the company reached 42,667,997 JOD as of June 30th, 2014, compared to total liabilities of 39,529,546 JOD as of December 31st, 2013, a net increase of 7.9%. Net ownership equity of the company reached 80,765,877 JOD (including 2,233,009 JOD in Non-controlling interest) as of June 30th, 2014, compared with a net ownership equity of 78,938,737 JOD (including 2,228,083 JOD in Non-controlling interest) as of December 31st, 2013, a net increase of 2.3% in the last six months.

 


 

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