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PIIC reports net income of JD4.12 million in 2015

2016-02-14

According to the financial statements of Palestine Industrial Investment Company PIIC for the year 2015, Net profit after tax of the period reached 4,121,384 JD Compared with Net profit after tax 3,173,445 JD for 2014, a net increase in profit of 29.87%.Total assets of the company reached 50,018,010 JD compared with total assets of 49,047,170 JD at the end of year 2014, a net increase of 1.98%.Total liabilities of the company reached 11,290,454 JD compared with total liabilities of 12,071,341 JD at the end of year 2014, a net decrease of 6.46%. Net ownership equity of the company reached 38,727,556 JD (Including Non-Controlling Interests of 7,960,844 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 4.74%.