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PIIC posts net income of JD5.21 million in 9M 2023

2023-11-23

According to the financial statements of Palestine Industrial Investment Company PIIC for the first nine months of 2023, Net profit after tax of the period reached 5,214,384 JD Compared with Net profit after tax 5,189,557 JD for 2022, a net increase in profit of 0.48%.Total assets of the company reached 102,895,059 JD compared with total assets of 101,616,991 JD at the end of year 2022, a net increase of 1.26%.Total liabilities of the company reached 36,822,021 JD compared with total liabilities of 34,756,714 JD at the end of year 2022, a net increase of 5.94%. Net ownership equity of the company reached 66,073,038 JD (Including Non-Controlling Interests of 13,542,732 JD) compared with total owner equity of 66,860,277 JD (Including Non-Controlling Interests of 13,322,191 JD) at the end of year 2022, a net decrease of 1.18%.