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PID records net income of JD0.03 million in 9M 2018

2018-11-15

According to the financial statements of Palestine Investment and Development PID for the first nine months of 2018, Net profit after tax of the period reached 36,702 JD Compared with Net profit after tax 13,365 JD for 2017, a net increase in profit of 174.61%.Total assets of the company reached 6,888,000 JD compared with total assets of 7,174,218 JD at the end of year 2017, a net decrease of 3.99%.Total liabilities of the company reached 3,474,656 JD compared with total liabilities of 3,797,576 JD at the end of year 2017, a net decrease of 8.50%. Net ownership equity of the company reached 3,413,344 JD compared with total owner equity of 3,376,642 JD at the end of year 2017, a net increase of 1.09%.