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PID realizes net loss of JD0.28 million in 2019

2020-02-17

According to financial statements of Palestine Development and Investment Company PID for the year 2019, Net Loss after tax of the period reached (276,106) JD Compared with Net profit after tax 628,969 JD for 2018.Total assets of the company reached 6,447,779 JD compared with total assets of 7,276,310 JD at the end of year 2018, a net decrease of 11.39%.Total liabilities of the company reached 3,153,561 JD compared with total liabilities of 3,249,807 JD at the end of year 2018, a net decrease of 2.96%. Net ownership equity of the company reached 3,294,218 JD compared with total owner equity of 4,026,503 JD at the end of year 2018, a net decrease of 18.19%.