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PID posts net income of JD0.007 million in H1 2015

2015-08-16

According to Palestine Investment & Development Company PID’s financial statements for the first half of 2015, Net profit after tax of the period reached 7,460 JD Compared with Net profit after tax 63,067 JD for 2014, a net decrease in profit of 88.17%.Total assets of the company reached 3,117,248 JD compared with total assets of 3,113,002 JD at the end of year 2014, a net increase of 0.14%.Total liabilities of the company reached 49,658 JD compared with total liabilities of 52,872 JD at the end of year 2014, a net decrease of 6.07%. Net ownership equity of the company reached 3,067,590 JD compared with total owner equity of 3,060,130 JD at the end of year 2014, a net increase of 0.24%.