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PCB posts net income of $3.81 million in H1 2016

2016-08-25

According to the financial statements of Palestine Commercial Bank PCB for the first half of 2016, Net profit after tax of the period reached 3,808,813 USD Compared with Net profit after tax 570,000 USD for 2015, a net increase in profit of 568.21%.Total assets of the company reached 260,204,696 USD compared with total assets of 282,896,132 USD at the end of year 2015, a net decrease of 8.02%.Total liabilities of the company reached 226,739,184 USD compared with total liabilities of 244,831,927 USD at the end of year 2015, a net decrease of 7.38%. Net ownership equity of the company reached 33,465,512 USD compared with total owner equity of 38,064,205 USD at the end of year 2015, a net decrease of 12.08%.


 

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