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PSE posts net income of $0.60 million in 9M 2016

2016-10-31

According to the financial statements of Palestine Securities Exchange Company PSE for the first nine months of 2016, Net profit after tax of the period reached 597,943 USD Compared with Net profit after tax 142,497 USD for 2015, a net increase in profit of 319.62%.Total assets of the company reached 12,947,868 USD compared with total assets of 11,876,356 USD at the end of year 2015, a net increase of 9.02%.Total liabilities of the company reached 1,490,365 USD compared with total liabilities of 1,171,021 USD at the end of year 2015, a net increase of 27.27%. Net ownership equity of the company reached 11,457,503 USD compared with total owner equity of 10,705,335 USD at the end of year 2015, a net increase of 7.03%.