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PRICO posts net income of JD0.13 million in Q1 2022

2022-05-15

According to the financial statements of Palestine Real Estate Investment Company PRICO for the 1st Quarter of 2022, Net profit after tax of the period reached 127,458 JD Compared with Net Loss after tax (172,265) JD for 2021.Total assets of the company reached 74,922,648 JD compared with total assets of 74,653,298 JD at the end of year 2021, a net increase of 0.36%.Total liabilities of the company reached 37,192,462 JD compared with total liabilities of 37,053,874 JD at the end of year 2021, a net increase of 0.37%. Net ownership equity of the company reached 37,730,186 JD (Including Non-Controlling Interests of 4,303,343 JD) compared with total owner equity of 37,599,424 JD (Including Non-Controlling Interests of 4,266,705 JD) at the end of year 2021, a net increase of 0.35%.