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PIIC posts net income of JD4.53 million in 9M 2019

2019-10-31

According to financial statements of Palestine Industrial Investment Company PIIC for the first nine months of 2019, Net profit after tax of the period reached 4,525,967 JD Compared with Net profit after tax 4,241,939 JD for 2018, a net increase in profit of 6.70%.Total assets of the company reached 81,781,752 JD compared with total assets of 74,101,047 JD at the end of year 2018, a net increase of 10.37%.Total liabilities of the company reached 30,975,573 JD compared with total liabilities of 28,461,748 JD at the end of year 2018, a net increase of 8.83%. Net ownership equity of the company reached 50,806,179 JD (Including Non-Controlling Interests of 9,353,859 JD) compared with total owner equity of 45,639,299 JD (Including Non-Controlling Interests of 7,825,640 JD) at the end of year 2018, a net increase of 11.32%.

 


 

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