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PSE posts net income of $0.41 million at the end of 2018

2019-02-17

According to the financial statements of Palestine Securities Exchange PSE for the year 2018, Net profit after tax of the period reached 419,515 USD Compared with Net profit after tax 684,201 USD for 2017, a net decrease in profit of 38.69%.Total assets of the company reached 13,175,974 USD compared with total assets of 13,265,313 USD at the end of year 2017, a net decrease of 0.67%.Total liabilities of the company reached 1,335,241 USD compared with total liabilities of 1,189,973 USD at the end of year 2017, a net increase of 12.20%. Net ownership equity of the company reached 11,840,733 USD compared with total owner equity of 12,075,340 USD at the end of year 2017, a net decrease of 1.94%.