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PID realizes net loss of JD0.12 million in Q1 2024

2024-06-24

According to the financial statements of Palestine Investment and Development Company PID for the 1st Quarter of 2024, Net Loss after tax of the period reached (122,948) JD Compared with Net profit after tax 48,490 JD for 2023.Total assets of the company reached 3,426,596 JD compared with total assets of 3,549,306 JD at the end of year 2023, a net decrease of 3.46%.Total liabilities of the company reached 194,814 JD compared with total liabilities of 194,576 JD at the end of year 2023, a net increase of 0.12%. Net ownership equity of the company reached 3,231,782 JD compared with total owner equity of 3,354,730 JD at the end of year 2023, a net decrease of 3.66%.