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PID realizes net loss of JD0.83 million in 2020

2021-02-16

According to the financial statements of Palestine Investment & Development PID for the year 2020, Net Loss after tax of the period reached (832,126) JD Compared with Net Loss after tax (276,363) JD for 2019, a net increase in loss of 201.10%.Total assets of the company reached 4,827,279 JD compared with total assets of 6,447,522 JD at the end of year 2019, a net decrease of 25.13%.Total liabilities of the company reached 2,321,714 JD compared with total liabilities of 3,153,561 JD at the end of year 2019, a net decrease of 26.37%. Net ownership equity of the company reached 2,505,565 JD compared with total owner equity of 3,293,961 JD at the end of year 2019, a net decrease of 23.93%.