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PIIC records net income of JD3.66 million in 9M 2015

2015-10-27

According to the financial statements of Palestine Industrial Investment Company PIIC for the first nine months of 2015, Net profit after tax of the period reached 3,656,812 JD Compared with Net profit after tax 3,007,054 JD for 2014, a net increase in profit of 21.61%.Total assets of the company reached 50,245,281 JD compared with total assets of 49,047,170 JD at the end of year 2014, a net increase of 2.44%.Total liabilities of the company reached 12,150,406 JD compared with total liabilities of 12,071,341 JD at the end of year 2014, a net increase of 0.65%. Net ownership equity of the company reached 38,094,875 JD (Including Non-Controlling Interests of 7,803,091 JD) compared with total owner equity of 36,975,829 JD (Including Non-Controlling Interests of 7,733,765 JD) at the end of year 2014, a net increase of 3.03%.