send to a friend by email

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 31^st, 2015, compared to total assets of 118,491,428 JOD as of December 31^st, 2014, a net decrease of 0.3%. Total liabilities of the company reached 40,205,582 JOD as of March 31^st, 2015, compared to total liabilities of 41,382,986 JOD as of December 31^st, 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 31^st, 2015, compared with a net ownership equity of 77,108,442 JOD (including 2,197,719 JOD in Non-controlling interest) as of December 31^st, 2014, a net increase of 1.1% in the first three months.