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PID realizes net loss of JD0.03 million in H1 2016

2016-08-24

According to the financial statements of Palestine Investment and Development PID for the first half of 2016, Net Loss after tax of the period reached (32,894) JD Compared with Net profit after tax 7,460 JD for 2015.Total assets of the company reached 3,133,210 JD compared with total assets of 3,166,080 JD at the end of year 2015, a net decrease of 1.04%.Total liabilities of the company reached 52,718 JD compared with total liabilities of 52,694 JD at the end of year 2015, a net increase of 0.04%. Net ownership equity of the company reached 3,080,492 JD compared with total owner equity of 3,113,386 JD at the end of year 2015, a net decrease of 1.06%.