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PSE reports net income of $0.24 million at the end of 2014

2015-02-11

According Palestine Securities Exchange Company PSE’s data for year-end preliminary financial statements for year 2014, net profit after tax reached 243,224 USD, compared with a net loss of (219,630) USD in the audited data for 2013. Total assets of the company reached 11,480,780 USD as of December 31^st, 2014, compared to total assets of 11,366,673 USD as of December 31^st, 2013, a net increase of 1.0%. Total liabilities of the company reached 1,128,990 USD as of December 31^st, 2014, compared to total liabilities of 1,303,913 USD as of December 31^st, 2013, a net decrease of 13.4%. Net ownership equity of the company reached 10,351,790 USD as of December 31^st, 2014, compared with a net ownership equity of 10,062,760 USD as of December 31^st, 2013, a net increase of 2.9%.