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PRICO realizes net loss of JD0.13 million in Q1 2017

2017-05-02

According to the financial statements of Palestine Real Estate Investment PRICO  for Q1 2017, Net Loss after tax of the period reached (131,807) JD Compared with Net profit after tax 307,345 JD for 2016.Total assets of the company reached 123,410,607 JD compared with total assets of 118,507,510 JD at the end of year 2016, a net increase of 4.14%.Total liabilities of the company reached 50,326,456 JD compared with total liabilities of 45,554,834 JD at the end of year 2016, a net increase of 10.47%. Net ownership equity of the company reached 73,084,151 JD (Including Non-Controlling Interests of 3,322,298 JD) compared with total owner equity of 72,952,676 JD (Including Non-Controlling Interests of 3,139,185 JD) at the end of year 2016, a net increase of 0.18%.