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PRICO posts net income of JD0.69 million in 2022

2023-02-16

According to the financial statements of Palestine Real Estate Investment Company PRICO for the year 2022, Net profit after tax of the period reached 685,311 JD Compared with Net Loss after tax (993,294) JD for 2021.Total assets of the company reached 74,293,753 JD compared with total assets of 74,653,298 JD at the end of year 2021, a net decrease of 0.48%.Total liabilities of the company reached 35,708,688 JD compared with total liabilities of 37,053,874 JD at the end of year 2021, a net decrease of 3.63%. Net ownership equity of the company reached 38,585,065 JD (Including Non-Controlling Interests of 4,795,768 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 2.62%.