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PID realizes net loss of JD0.09 million at the end of 2022

2023-02-13

According to the financial statements of Palestine Investment & Development Company PID for the year 2022, Net Loss after tax of the period reached (93,740) JD Compared with Net profit after tax 1,024,599 JD for 2021.Total assets of the company reached 5,768,206 JD compared with total assets of 5,247,406 JD at the end of year 2021, a net increase of 9.92%.Total liabilities of the company reached 2,424,104 JD compared with total liabilities of 1,809,564 JD at the end of year 2021, a net increase of 33.96%. Net ownership equity of the company reached 3,344,102 JD compared with total owner equity of 3,437,842 JD at the end of year 2021, a net decrease of 2.73%.