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PIIC posts net income of JD4.12 million in H1 2021

2021-08-17

According to the financial statements of Palestine Industrial Investment Company PIIC for the first half of 2021, Net profit after tax of the period reached 4,115,731 JD Compared with Net profit after tax 1,444,975 JD for 2020, a net increase in profit of 184.83%.Total assets of the company reached 98,746,760 JD compared with total assets of 90,098,101 JD at the end of year 2020, a net increase of 9.60%.Total liabilities of the company reached 34,487,160 JD compared with total liabilities of 31,660,706 JD at the end of year 2020, a net increase of 8.92%. Net ownership equity of the company reached 64,259,600 JD (Including Non-Controlling Interests of 12,732,713 JD) compared with total owner equity of 58,437,395 JD (Including Non-Controlling Interests of 12,780,106 JD) at the end of year 2020, a net increase of 9.96%.

 


 

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