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PSE reports net income of $0.44 million in Q1 2018

2018-04-22

According to the financial statements of Palestine Securities Exchange PSE for Q1 2018, Net profit after tax of the period reached 443,849 USD Compared with Net Loss after tax (267,291) USD for 2017.Total assets of the company reached 14,141,716 USD compared with total assets of 13,265,313 USD at the end of year 2017, a net increase of 6.61%.Total liabilities of the company reached 1,626,659 USD compared with total liabilities of 1,189,973 USD at the end of year 2017, a net increase of 36.69%. Net ownership equity of the company reached 12,515,057 USD compared with total owner equity of 12,075,340 USD at the end of year 2017, a net increase of 3.64%.