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PID records net income of JD0.05 million in 2015

2016-02-15

According to the financial statements of Palestine Investment and Development Company PID for the year 2015, Net profit after tax of the period reached 53,411 JD Compared with Net profit after tax 111,704 JD for 2014, a net decrease in profit of 52.19%.Total assets of the company reached 3,166,238 JD compared with total assets of 3,113,002 JD at the end of year 2014, a net increase of 1.71%.Total liabilities of the company reached 52,697 JD compared with total liabilities of 52,872 JD at the end of year 2014, a net decrease of 0.33%. Net ownership equity of the company reached 3,113,541 JD compared with total owner equity of 3,060,130 JD at the end of year 2014, a net increase of 1.75%.