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PID realizes net loss of JD0.02 million in Q1 2015

2015-04-29

According to Palestine Investment & Development PID’s data for the first three months of the year, net loss reached (22,502) JOD, compared with a net profit after taxes of 108,776 JOD from the first three months of 2014. Total assets of the company reached 3,087,060 JOD as of March 31^st, 2015, compared to total assets of 3,113,002 JOD as of December 31^st, 2014, a net decrease of 0.8%. Total liabilities of the company reached 49,432 JOD as of March 31^st, 2015, compared to total liabilities of 52,872 JOD as of December 31^st, 2014, a net decrease of 6.5%. Net ownership equity of the company reached 3,037,628 JOD as of March 31^st, 2015, compared with a net ownership equity of 3,060,130 JOD as of December 31^st, 2014, a net decrease of 0.7% in the first three months.