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PID realizes net loss of JD0.25 million in H1 2019

2019-08-21

According to the financial statements of Palestine Investment and Development PID for the first half of 2019, Net Loss after tax of the period reached (247,958) JD Compared with Net Loss after tax (258,921) JD for 2018, a net decrease in loss of 4.23%.Total assets of the company reached 6,941,470 JD compared with total assets of 7,276,310 JD at the end of year 2018, a net decrease of 4.60%.Total liabilities of the company reached 3,646,967 JD compared with total liabilities of 3,249,807 JD at the end of year 2018, a net increase of 12.22%. Net ownership equity of the company reached 3,294,503 JD compared with total owner equity of 4,026,503 JD at the end of year 2018, a net decrease of 18.18%.