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PRICO realizes net loss of JD3.97 million in 9M 2017

2017-11-01

According to the financial statements of Palestine Real Estate Investment Company PRICO for the first nine months of 2017, Net Loss after tax of the period reached (3,969,099) JD Compared with Net Loss after tax (951,787) JD for 2016, a net increase in loss of 317.02%.Total assets of the company reached 113,494,423 JD compared with total assets of 118,507,510 JD at the end of year 2016, a net decrease of 4.23%.Total liabilities of the company reached 43,772,460 JD compared with total liabilities of 45,554,834 JD at the end of year 2016, a net decrease of 3.91%. Net ownership equity of the company reached 69,721,963 JD (Including Non-Controlling Interests of 3,343,972 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 4.43%.