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PID posts net income of JD 0.01 million in 9M 2017

2017-11-01

According to the financial statements of  Palestine Investment and Development Company PID for the first nine months of 2017, Net profit after tax of the period reached 13,365 JD Compared with Net Loss after tax (47,120) JD for 2016.Total assets of the company reached 3,332,016 JD compared with total assets of 3,193,140 JD at the end of year 2016, a net increase of 4.35%.Total liabilities of the company reached 181,738 JD compared with total liabilities of 56,227 JD at the end of year 2016, a net increase of 223.22%. Net ownership equity of the company reached 3,150,278 JD compared with total owner equity of 3,136,913 JD at the end of year 2016, a net increase of 0.43%.