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PADICO Holding realizes net loss of $2.41 million in H1 2020


According to financial statements for first half of 2020, Net Loss after tax of the period reached (2,409,000) USD Compared with Net profit after tax 20,418,000 USD for 2019.Total assets of the company reached 777,493,000 USD compared with total assets of 809,173,000 USD at the end of year 2019, a net decrease of 3.92%.Total liabilities of the company reached 343,419,000 USD compared with total liabilities of 338,722,000 USD at the end of year 2019, a net increase of 1.38%. Net ownership equity of the company reached 434,074,000 USD (Including Non-Controlling Interests of 73,165,000 USD) compared with total owner equity of 470,451,000 USD (Including Non-Controlling Interests of 75,788,000 USD) at the end of year 2019, a net decrease of 7.73%.



Al-Quds Index below the 640 points level amid medium liquidity

Al-Quds Index declines in mid-September

Al-Quds Index in the green zone and new anticipation arises among investors

A transaction on TNB raises the trading value significantly



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