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PSE posts net income of $0.41 million in H1 2016

2016-08-03

According to the financial statements of Palestine Securities Exchange Company PSE for the first half of 2016, Net profit after tax of the period reached 415,317 USD Compared with Net profit after tax 89,869 USD for 2015, a net increase in profit of 362.14%.Total assets of the company reached 12,791,304 USD compared with total assets of 11,876,356 USD at the end of year 2015, a net increase of 7.70%.Total liabilities of the company reached 1,631,133 USD compared with total liabilities of 1,171,021 USD at the end of year 2015, a net increase of 39.29%. Net ownership equity of the company reached 11,160,171 USD compared with total owner equity of 10,705,335 USD at the end of year 2015, a net increase of 4.25%.