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PIIC noted posting net income of JD2.66 million in H1 2024

2024-08-12

According to the financial statements of Palestine Industrial Investment Company PIIC for the first half of 2024, Net profit after tax of the period reached 2,659,252 JD Compared with Net profit after tax 3,076,302 JD for 2023, a net decrease in profit of 13.56%.Total assets of the company reached 107,637,251 JD compared with total assets of 108,128,411 JD at the end of year 2023, a net decrease of 0.45%.Total liabilities of the company reached 38,999,989 JD compared with total liabilities of 37,937,788 JD at the end of year 2023, a net increase of 2.79%. Net ownership equity of the company reached 68,637,262 JD (Including Non-Controlling Interests of 13,815,306 JD) compared with total owner equity of 70,190,623 JD (Including Non-Controlling Interests of 14,378,482 JD) at the end of year 2023, a net decrease of 2.21%.

 


 

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