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PID records net income of JD0.02 million at the end of 2016

2017-02-15

According to the financial statements of Palestine Investment and Development Company PID for the year 2016, Net profit after tax of the period reached 23,527 JD Compared with Net profit after tax 53,256 JD for 2015, a net decrease in profit of 55.82%.Total assets of the company reached 3,193,140 JD compared with total assets of 3,166,080 JD at the end of year 2015, a net increase of 0.85%.Total liabilities of the company reached 56,227 JD compared with total liabilities of 52,694 JD at the end of year 2015, a net increase of 6.70%. Net ownership equity of the company reached 3,136,913 JD compared with total owner equity of 3,113,386 JD at the end of year 2015, a net increase of 0.76%.