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PSE reports net income of $0.11 million in Q1 2016

2016-04-25

According to the financial statements of Palestine Securities Exchange Company PSE for Q1 2016, Net profit after tax of the period reached 111,577 USD Compared with Net profit after tax 88,390 USD for 2015, a net increase in profit of 26.23%.Total assets of the company reached 12,566,981 USD compared with total assets of 11,876,356 USD at the end of year 2015, a net increase of 5.82%.Total liabilities of the company reached 1,717,718 USD compared with total liabilities of 1,171,021 USD at the end of year 2015, a net increase of 46.68%. Net ownership equity of the company reached 10,849,263 USD compared with total owner equity of 10,705,335 USD at the end of year 2015, a net increase of 1.34%.