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PRICO realizes net loss of JD0.02 million in Q1 2024

2024-05-15

According to the financial statements of Palestine Real Estate Investment Company PRICO for 1st Quarter of 2024, Net Loss after tax of the period reached (15,549) JD Compared with Net profit after tax 483,179 JD for 2023.Total assets of the company reached 64,145,008 JD compared with total assets of 65,993,269 JD at the end of year 2023, a net decrease of 2.80%.Total liabilities of the company reached 39,421,082 JD compared with total liabilities of 40,418,494 JD at the end of year 2023, a net decrease of 2.46%. Net ownership equity of the company reached 24,723,926 JD (Including Non-Controlling Interests of 4,622,755 JD) compared with total owner equity of 25,574,775 JD (Including Non-Controlling Interests of 4,594,117 JD) at the end of year 2023, a net decrease of 3.33%.