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PID realizes net loss of JD 0.26 million in H1 2018

2018-09-04

According to the financial statements of Palestine Investment PID for the first half of 2018, Net Loss after tax of the period reached (258,921) JD Compared with Net Loss after tax (34,644) JD for 2017, a net increase in loss of 647.38%.Total assets of the company reached 4,778,755 JD compared with total assets of 7,174,218 JD at the end of year 2017, a net decrease of 33.39%.Total liabilities of the company reached 1,661,034 JD compared with total liabilities of 3,797,576 JD at the end of year 2017, a net decrease of 56.26%. Net ownership equity of the company reached 3,117,721 JD compared with total owner equity of 3,376,642 JD at the end of year 2017, a net decrease of 7.67%.