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PSE posts net income of $0.60 million at the end of 2019

2020-02-06

According to financial statements of Palestine Securities Exchange PSE for the year 2019, Net profit after tax of the period reached 596,281 USD Compared with Net profit after tax 419,515 USD for 2018, a net increase in profit of 42.14%.Total assets of the company reached 13,514,020 USD compared with total assets of 13,175,974 USD at the end of year 2018, a net increase of 2.57%.Total liabilities of the company reached 1,384,167 USD compared with total liabilities of 1,335,241 USD at the end of year 2018, a net increase of 3.66%. Net ownership equity of the company reached 12,129,853 USD compared with total owner equity of 11,840,733 USD at the end of year 2018, a net increase of 2.44%.