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PID realizes net loss of JD0.51 million in H1 2020

2020-08-31

According to the financial statements of Palestine Investment and Development PID for the first half of 2020, Net Loss after tax of the period reached (508,933) JD Compared with Net Loss after tax (247,958) JD for 2019, a net increase in loss of 105.25%.Total assets of the company reached 5,941,165 JD compared with total assets of 6,447,522 JD at the end of year 2019, a net decrease of 7.85%.Total liabilities of the company reached 3,156,137 JD compared with total liabilities of 3,153,561 JD at the end of year 2019, a net increase of 0.08%. Net ownership equity of the company reached 2,785,028 JD compared with total owner equity of 3,293,961 JD at the end of year 2019, a net decrease of 15.45%.