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PIIC posts net income of JD5.75 million in 9M 2021

2021-11-01

According to the financial statements of Palestine Industrial Investment PIIC for the first nine months of 2021, Net profit after tax of the period reached 5,753,250 JD Compared with Net profit after tax 3,390,105 JD for 2020, a net increase in profit of 69.71%.Total assets of the company reached 100,820,246 JD compared with total assets of 90,098,101 JD at the end of year 2020, a net increase of 11.90%.Total liabilities of the company reached 33,987,007 JD compared with total liabilities of 31,660,706 JD at the end of year 2020, a net increase of 7.34%. Net ownership equity of the company reached 66,833,239 JD (Including Non-Controlling Interests of 13,900,697 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 14.37%.