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PID reports net income of JD0.63 million at the end of 2018

2019-02-17

According to the financial statements of Palestine Investment and Development PID for the year 2018, Net profit after tax of the period reached 632,374 JD Compared with Net Loss after tax (27,699) JD for 2017.Total assets of the company reached 7,255,419 JD compared with total assets of 7,174,218 JD at the end of year 2017, a net increase of 1.13%.Total liabilities of the company reached 3,246,403 JD compared with total liabilities of 3,797,576 JD at the end of year 2017, a net decrease of 14.51%. Net ownership equity of the company reached 4,009,016 JD compared with total owner equity of 3,376,642 JD at the end of year 2017, a net increase of 18.73%.