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PRICO realizes net loss of JD0.65 million in 9M 2014

2014-11-03

According to Palestine Real Estate Investment PRICO’s consolidated data for the first nine months of the year, net loss reached (649,952) JOD, compared with a net profit after taxes of 102,121 JOD from the first nine months of 2013. Total assets of the company reached 119,906,639 JOD as of September 30^th, 2014, compared to total assets of 118,468,283 JOD as of December 31^st, 2013, a net increase of 1.2%. Total liabilities of the company reached 41,179,156 JOD as of September 30^th, 2014, compared to total liabilities of 39,529,546 JOD as of December 31^st, 2013, a net increase of 4.2%. Net ownership equity of the company reached 78,727,483 JOD (including 2,230,674 JOD Non-controlling interest) as of September 30^th, 2014, compared with a net ownership equity of 78,938,737 JOD (including 2,228,083 JOD Non-controlling interest) as of December 31^st, 2013, a net decrease of 0.3% in the first nine months.