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PIIC reports net income of JD4.91 million in 9M 2017



According to the financial statements of Palestine Industrial Investment PIIC for the first nine months of 2017, Net profit after tax of the period reached 4,907,159 JD Compared with Net profit after tax 4,589,881 JD for 2016, a net increase in profit of 6.91%.Total assets of the company reached 74,126,805 JD compared with total assets of 57,132,436 JD at the end of year 2016, a net increase of 29.75%.Total liabilities of the company reached 27,648,655 JD compared with total liabilities of 15,138,707 JD at the end of year 2016, a net increase of 82.63%. Net ownership equity of the company reached 46,478,150 JD (Including Non-Controlling Interests of 8,869,703 JD) compared with total owner equity of 41,993,729 JD (Including Non-Controlling Interests of 8,203,339 JD) at the end of year 2016, a net increase of 10.68%.


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