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PID posts net income of JD0.65 million in 9M 2021

2021-10-27

According to the financial statements of Palestine Investment and Development Company PID for the first nine months of 2021, Net profit after tax of the period reached 646,627 JD Compared with Net Loss after tax (888,652) JD for 2020.Total assets of the company reached 5,299,870 JD compared with total assets of 4,827,279 JD at the end of year 2020, a net increase of 9.79%.Total liabilities of the company reached 2,147,678 JD compared with total liabilities of 2,321,714 JD at the end of year 2020, a net decrease of 7.49%. Net ownership equity of the company reached 3,152,192 JD compared with total owner equity of 2,505,565 JD at the end of year 2020, a net increase of 25.81%.