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PRICO records net income of JD0.83 million in Q1 2015

2015-04-29

According to Palestine Real Estate Investment PRICO’s data for the first three months of the year, net profit after taxes reached 832,788 JOD, compared with a net loss of (394,624) JOD from the first three months of 2014. Total assets of the company reached 118,129,715 JOD as of March 31st, 2015, compared to total assets of 118,491,428 JOD as of December 31st, 2014, a net decrease of 0.3%. Total liabilities of the company reached 40,205,582 JOD as of March 31st, 2015, compared to total liabilities of 41,382,986 JOD as of December 31st, 2014, a net decrease of 2.8%. Net ownership equity of the company reached 77,924,133 JOD (including 2,184,227 JOD in Non-controlling interest) as of March 31st, 2015, compared with a net ownership equity of 77,108,442 JOD (including 2,197,719 JOD in Non-controlling interest) as of December 31st, 2014, a net increase of 1.1% in the first three months.


 

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