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PID realizes net loss of JD0.10 million in Q1 2018

2018-04-30

According to the financial statements of Palestine Investment and Development PID for the first quarter of 2018, Net Loss after tax of the period reached (100,421) JD Compared with Net Loss after tax (11,323) JD for 2017, a net increase in loss of 786.88%.Total assets of the company reached 5,535,587 JD compared with total assets of 7,174,218 JD at the end of year 2017, a net decrease of 22.84%.Total liabilities of the company reached 2,259,366 JD compared with total liabilities of 3,797,576 JD at the end of year 2017, a net decrease of 40.50%. Net ownership equity of the company reached 3,276,221 JD compared with total owner equity of 3,376,642 JD at the end of year 2017, a net decrease of 2.97%.