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PSE posts net income of $0.32 million in Q1 2019

2019-04-30

According to the financial statements of Palestine Securities Exchange Company PSE for the 1st Quarter of 2019, Net profit after tax of the period reached 318,022 USD Compared with Net profit after tax 443,849 USD for 2018, a net decrease in profit of 28.35%.Total assets of the company reached 14,181,880 USD compared with total assets of 13,175,974 USD at the end of year 2018, a net increase of 7.63%.Total liabilities of the company reached 1,955,392 USD compared with total liabilities of 1,335,241 USD at the end of year 2018, a net increase of 46.44%. Net ownership equity of the company reached 12,226,488 USD compared with total owner equity of 11,840,733 USD at the end of year 2018, a net increase of 3.26%.