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PRICO reports net income of JD1.99 million in H1 2015

2015-08-16

According to Palestine Real Estate Investment Company PRICO’s consolidated  financial statements for the first half of 2015, Net profit after tax of the period reached 1,988,336 JD Compared with Net profit after tax 416,624 JD for 2014, a net increase in profit of 377.25%.Total assets of the company reached 123,512,076 JD compared with total assets of 118,491,428 JD at the end of year 2014, a net increase of 4.24%.Total liabilities of the company reached 44,649,122 JD compared with total liabilities of 41,382,986 JD at the end of year 2014, a net increase of 7.89%. Net ownership equity of the company reached 78,862,954 JD (Including None-Controlling Interests of 2,172,788 JD) compared with total owner equity of 77,108,442 JD (Including None-Controlling Interests of 2,197,719 JD) at the end of year 2014, a net increase of 2.28%.