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PSE posts net income of $0.40 million in 2020

2021-02-16

According to the financial statements of Palestine Securities Exchange PSE for the year 2020, Net profit after tax of the period reached 404,000 USD Compared with Net profit after tax 596,281 USD for 2019, a net decrease in profit of 32.25%.Total assets of the company reached 13,624,985 USD compared with total assets of 13,506,083 USD at the end of year 2019, a net increase of 0.88%.Total liabilities of the company reached 1,425,315 USD compared with total liabilities of 1,384,167 USD at the end of year 2019, a net increase of 2.97%. Net ownership equity of the company reached 12,199,670 USD compared with total owner equity of 12,121,916 USD at the end of year 2019, a net increase of 0.64%.