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PRICO realizes net loss of JD1.28 million in H1 2017

2017-08-16

According to financial statements of Palestine Real Estate Investment Company PRICO for the first half of 2017, Net Loss after tax of the period reached (1,284,386) JD Compared with Net Loss after tax (402,522) JD for 2016, a net increase in loss of 219.08%.Total assets of the company reached 118,362,148 JD compared with total assets of 118,507,510 JD at the end of year 2016, a net decrease of 0.12%.Total liabilities of the company reached 46,390,917 JD compared with total liabilities of 45,554,834 JD at the end of year 2016, a net increase of 1.83%. Net ownership equity of the company reached 71,971,231 JD (Including Non-Controlling Interests of 3,360,615 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 decrease of 1.35%.