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PID posts net income of JD1.09 million in 2021

2022-02-15

According to the financial statements of Palestine Investment & Development PID for the year 2021, Net profit after tax of the period reached 1,091,431 JD Compared with Net Loss after tax (832,126) JD for 2020.Total assets of the company reached 5,247,406 JD compared with total assets of 4,827,279 JD at the end of year 2020, a net increase of 8.70%.Total liabilities of the company reached 1,742,732 JD compared with total liabilities of 2,321,714 JD at the end of year 2020, a net decrease of 24.93%. Net ownership equity of the company reached 3,504,674 JD compared with total owner equity of 2,505,565 JD at the end of year 2020, a net increase of 39.88%.