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PID realizes net loss of JD0.46 million in H1 2024

2024-09-12

According to the financial statements of Palestine Investment & Development Company PID for the first half of 2024, Net Loss after tax of the period reached (455,299) JD Compared with Net profit after tax 33,155 JD for 2023.Total assets of the company reached 3,101,637 JD compared with total assets of 3,549,306 JD at the end of year 2023, a net decrease of 12.61%.Total liabilities of the company reached 202,206 JD compared with total liabilities of 194,576 JD at the end of year 2023, a net increase of 3.92%. Net ownership equity of the company reached 2,899,431 JD compared with total owner equity of 3,354,730 JD at the end of year 2023, a net decrease of 13.57%.