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PID realizes net loss of JD0.01 million at the end of 2017

2018-02-19

According to the financial statements of Palestine Investment and Development PID for the year 2017, Net Loss after tax of the period reached (13,833) JD Compared with Net profit after tax 23,527 JD for 2016.Total assets of the company reached 7,105,215 JD compared with total assets of 3,193,140 JD at the end of year 2016, a net increase of 122.52%.Total liabilities of the company reached 3,726,405 JD compared with total liabilities of 56,227 JD at the end of year 2016, a net increase of 6527.42%. Net ownership equity of the company reached 3,378,810 JD compared with total owner equity of 3,136,913 JD at the end of year 2016, a net increase of 7.71%.