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PSE posts net income of $0.64 million at the end of 2016

2017-02-12

According to the financial statements of Palestine Securities Exchange Company PSE for the year 2016, Net profit after tax of the period reached 642,895 USD Compared with Net profit after tax 374,655 USD for 2015, a net increase in profit of 71.60%.Total assets of the company reached 12,934,931 USD compared with total assets of 11,876,356 USD at the end of year 2015, a net increase of 8.91%.Total liabilities of the company reached 1,508,544 USD compared with total liabilities of 1,171,021 USD at the end of year 2015, a net increase of 28.82%. Net ownership equity of the company reached 11,426,387 USD compared with total owner equity of 10,705,335 USD at the end of year 2015, a net increase of 6.74%.