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PSE posts net income of $0.07 million in Q1 2021

2021-06-01

According to the financial statements of Palestine Securities Exchange Company PSE for the 1st Quarter of 2021, Net profit after tax of the period reached 70,313 USD Compared with Net Loss after tax (10,635) USD for 2020.Total assets of the company reached 14,442,759 USD compared with total assets of 13,634,005 USD at the end of year 2020, a net increase of 5.93%.Total liabilities of the company reached 2,686,341 USD compared with total liabilities of 1,546,319 USD at the end of year 2020, a net increase of 73.72%. Net ownership equity of the company reached 11,756,418 USD compared with total owner equity of 12,087,686 USD at the end of year 2020, a net decrease of 2.74%.