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PSE posts net income of $0.37 million in 9M 2017

2017-10-23

According to the financial statements of Palestine Securities Exchange Company PSE for the first nine months of 2017, Net profit after tax of the period reached 367,401 USD Compared with Net profit after tax 597,943 USD for 2016, a net decrease in profit of 38.56%.Total assets of the company reached 13,003,875 USD compared with total assets of 12,934,931 USD at the end of year 2016, a net increase of 0.53%.Total liabilities of the company reached 1,150,741 USD compared with total liabilities of 1,508,544 USD at the end of year 2016, a net decrease of 23.71%. Net ownership equity of the company reached 11,853,134 USD compared with total owner equity of 11,426,387 USD at the end of year 2016, a net increase of 3.73%.